foreclosure/ short sale / Auctions with broker b

What is a foreclosed home?
Foreclosure happens when a borrower misses their mortgage payments or fails to pay their taxes or other debts owed for the home. The lender, government, or other organization can seize and take ownership of the property to recoup their losses.
Once an organization forecloses on a home, it usually sells the property to recover its investment. Usually, this comes in the form of a foreclosure auction or real-estate-owned (REO) sale.

Whether you're a property investor, house flipper, or regular home buyer, buying a foreclosed home in California can be a good opportunity to get a property for less than market value — if you know how to navigate the real estate market. You need Certified SFR® Real Estate Specialist!

1. Get pre-approved for financing

2. Hire a California real estate agent with foreclosure expertise

3. Find foreclosed homes in California