Huntington Beach Foreclosures Are On The Decline

Posted by Sam Smith on Friday, September 21st, 2012 at 3:57pm.

Huntington Beach foreclosures are on the decline as more and more sellers are electing to short sale their homes. The are a couple of reasons for this occurrence. First, the banks realize it's cheaper to work with the current owner of the home then let them house go into foreclosure. The foreclosure process can be a very long and drawn out process where the property is not taken care of. It's easier for banks to work with the current owner who is more likely to take care of the home during this process. The banks know that if they treat the short sale client with respect and help that someday this client may eventually buy a home through them again in the future.

Second, the banks are now offering huge incentives to sellers as much as $45,000 to short sale their home. It's money can be used to help with moving costs and to have off outstanding bills. For sellers, this is a much better win/win situation than letting the home slip into foreclosure. The short sale typically doesn't hurt the credit score as much as a foreclosure and in some cases can qualify to purchase a home in 2 years through an FHA or similar type loans. This is in contrast with a foreclosure that can ding your credit for up to 7 years. If you are thinking about short selling your home now has never been a better time. For Huntington Beach home buyers make sure to watch the short sale listings closely as these have replaced the large volume of distressed properties.

Search Results

6 Properties Found. Showing Page 1 of 1
Map
Sort by:

Huntington Beach 16372 Ardsley Circle

WELCOME HOME! Spectacular resort style living at this waterfront property in Huntington Harbour. Enjoy being one of fourteen homes on Humboldt Island which has a private beach and 30ft Boat Dock. With over 3,218 square feet, 4 bedrooms, 3.5 bathrooms, the large and open floor plan is ideal for entertaining. Large Master Suite Overlooking Water. Balconies Off All Bedrooms. Formal Living and Dining Rooms, Separate Family room, Side Courtyard. Wonderful views. Lovely ocean breeze with bay out ...$2,750,000

$2,750,000
4 Beds
4 Baths
3,218 SqFt
295 Days On Market

Huntington Beach 6741 Auburn Drive

Home was completely rebuilt in 2007, as a 4 bedroom, 2 bathroom home boasting over 3,400 sq feet of living space! Custom kitchen, three car garage, nice corner lot location, with over 6,500 sq feet of land!!$1,350,000

$1,350,000
4 Beds
3 Baths
3,447 SqFt
28 Days On Market

Huntington Beach 16084 Bonaire Circle

3 Bed, 2 1/2 Bath Condominium has Plantation Shutters, Mirrored Walls, Family Rm, Sunken Liv Rm, Formal Din Rm, Upgraded Kitchen & Baths,large Master Bdrm W/cath Ceiling And Great Water View, Other Bedrooms Also Good Size, Oversized Waterfront Brick Patio W/slumpstone Fencing, 3rd Floor Attic Can Be 4th Bedrm Or Office(ask For Details) 2 Car Garage.$1,299,000

$1,299,000
3 Beds
3 Baths
1,826 SqFt
3 Days On Market

Huntington Beach 4611 Winthrop Drive

Cape Cod style two story home at Brightwater, Huntington Beach’s premier coastal community. The Trails Plan 3, the largest of all models at the Trails with only twelve constructed, features a main floor chef’s kitchen with built in Viking stainless steel refrigerator & appliances, family room with fireplace, and a den which can be used as a reading room, or a formal dining room. The second floor features include an individual laundry room, another den area great for a kid’s play space, two be...$1,200,000

$1,200,000
3 Beds
3 Baths
2,073 SqFt
20 Days On Market

Huntington Beach 17391 Rob Roy Circle

Desirable Franciscan Fountain spiral staircase model located on a quiet inside corner lot. Large master bedroom with optional sitting area/office/nursery off the bedroom or it was a builder option of a 4th upstairs bedroom. Downstairs is a kitchen and family room overlooking the pool. The living room and formal dining room are on one side of the entry and the downstairs bedroom plus a bathroom with shower are on the other side. This floor plan is very sought after for it's large rooms and ope...$975,000

$975,000
4 Beds
3 Baths
2,577 SqFt
77 Days On Market

Huntington Beach 4459 Chase Drive 22

Tastefully remodeled 2 bedroom condo in gated community of The Gables at 4459 Chase Drive, Huntington Beach, CA 92649. This property has been tastefully upgraded throughout including beautiful laminate flooring downstairs, granite counters and new cabinets in the kitchen, recessed lighting throughout, newer dishwasher and microwave and the list goes on. Upstairs there is a large master bedroom with a bonus area perfect for an office or sitting area and also includes tons of closet space, a ba...$334,999

$334,999
2 Beds
3 Baths
1,229 SqFt
81 Days On Market

Leave a Comment