Short Sales Listings in Los Angeles County
San Fernando Valley tends to have a steady supply of Short Sale and Real Estate Owned (REO) – Bank Owned properties. That’s because many buyers here end up with home mortgages they can’t afford on San Fernando Valley and Los Angeles homes. When property values flatten or start to drop and interest rates on their loan increase, it becomes especially hard for struggling home owners to sell and pay off debt. For investors or home buyers, these market conditions have yielded great deals on a wide range of properties. Short Sale buyers assist home owners get out of a tough financial position by buying the property before it goes to foreclosure. Short Sale and Bank Owned listing information and number of listings displayed by city is updated throughout every day .