Mission Viejo and Orange County, California Real Estate Blog

Mission Viejo Short Sales, Bank Owned, and Regular Sales
April 3rd, 2009 3:06 PM

As of today there are an unbelievable 144 short sale properties currently for sale in Mission Viejo. We all know most short sales will not sell because the lenders on these properties will either foreclose, deny the sale because it is not a hardship,  or hopefully work out a loan modification with the owner.

I have been waiting for the number of short sales to go down. I do not see it yet.

There are 16 total REO, Bank owned, condos, townhomes and detached homes for sale in Mission Viejo.

As for "equity sales", normal sales, there are 183 homes currently on the market.

There are a lot of choices for buyers right now and very good prices.


Posted by Gail McClendon on April 3rd, 2009 3:06 PMPost a Comment (0)

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