Tagged : Huntington Beach Foreclosures

Seabridge Villas is a very large condo commmunity located off Beach Blvd and just blocks to the beach in Huntington Beach, California.  Over the last several years we have seen the number of bank owned and foreclosure homes go dramatically down in the Huntington Beach area.  These distressed properties due come on the market from time to time so we are excited to learn about a new real estate owned property that came on the market in the Seabridge Villas neighborhood.

The studio unit comes with nice views and includes an exterior balcony and underground parking and listed for sale at $234,900!  This is a great deal for a community that offers a resort style pools, spas, waterfalls and located in a secure gated community!  The location is very close to

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