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    Orange County Foreclosure Search

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    Foreclosures in Orange County

    Whether your south Orange County home is facing foreclosure or you're interested in purchasing a short sale home, Hakola & Associates can assist. We specialize in distressed properties and can assist both buyers and sellers. Short sales and foreclosures can be a tricky process, which is why you need experienced professionals on your side each step of the way.

    If you're stressed out about your home being foreclosed, contact us right away! We will help you assess your options and find a solution that will work for you.

    Orange County Short Sales vs. Foreclosures

    Short Sale in Orange CountyA lot of people mix up the two terms, but there are some very distinct difference between short sales and foreclosures in Orange County. The best solution is going to vary from person to person, so we always recommend contacting a real estate expert to determine what option is best for you. A short sale may have been the best option for your neighbor but a foreclosure might be right for you. We're always happy to evaluate your situation, answer questions and help you buy and sell distressed homes.

    What is a Foreclosure?

    A foreclosure occurs when home owners stop making payments on their mortgage and the lender decides to take back the property. A foreclosed home is being sold directly by the lender, often against the will of the original home owner, which means they follow strict legal processes. In California, most lenders use the non-judicial process for foreclosures.

    California Foreclosure Process (Non-judicial):

    1. The lender will contact the home owner in person or by phone to analyze your situation and discuss any options available to prevent foreclosure. The lender must provide you with the opportunity to schedule a meeting within 14 days to discuss avoiding foreclosure.
    2. 30 days after the initial contact, the lender can begin the foreclosure process by serving a Notice of Default.
    3. After a minimum of three months, the lender may serve a Notice of Sale to the home owner.
    4. After an additional twenty days, the property can be sold.

    Foreclosures can be an overwhelming and scary process, but we can help. Call us today at (877) 442-5652 to talk about your options for selling your distressed property. We specialize in all distress properties including Irvine foreclosures, Laguna Beach short sales, Laguna Niguel foreclosures and beyond. If you're in the south Orange County area, we can help.

    What is a Short Sale?

    An Orange County short sale can be a challenging process, which requires the assistance of knowledgeable real estate professionals. A home goes into short sale when lenders agree to receive less for the house than the original debt owing, and a real estate agent can work with you to get that approval. Hakola & Associates will work on your behalf with the banks to receive approval for your short sale and then help you sell your home!

    Top 5 Short Sale Myths

    • Home owners have to be behind on payments to qualify for a short sale
    • Lenders prefer foreclosures to short sales
    • A house has to be listed prior to being considered for short sale
    • Short sales don't affect credit ratings
    • It's too late--my house is already being foreclosed, so the bank won't accept a short sale

    None of the five statements above are true but a lot of people think they are, which is why it's important to have a knowledgeable real estate expert on your side when you are considering your options. We can help dispel myths and ensure that all the information you receive is accurate. Short sales negotiations are known to deliver more favorable results when individuals are represented by a real estate agent, which is why we recommend getting in touch with our expert team.

    If you think a short sale is right for your Orange County home, contact us today. We will be happy to help assess your situation and determine the best solution for your distressed property. Our team of experts loves a challenge and has one of the highest success rates in the region.

    Newest Orange County Foreclosure Homes for Sale

    2306 E Ward, Anaheim image
    2306 E Ward, Anaheim $766,500

    Wonderful 4-bedroom, 2-bathroom home available in North East Anaheim! Features a naturally lit living room with fireplace, kitchen that opens to a dining area with slider...

    • 4 Beds
    • 2 Baths
    • PW23218436 MLS
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    660 S Glassell Street Unit 105, Orange image
    660 S Glassell Street Unit 105, Orange $550,000 ▼

    10+ location! Commuter's dream!!! Close to 22 freeway. Highly sought after Park Orleans development. Fabulous LOWER LEVEL two bedroom and one bath condominium with update...

    • 2 Beds
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    33781 Cabrillo Isle, Dana Point image
    33781 Cabrillo Isle, Dana Point $6,700,000

    Breathtaking panoramic ocean view extending to Catalina Island, and sunset views emphasize and elevate the potential throughout. This multi-level property is designed to ...

    • 4 Beds
    • 6 Baths
    • DW23204172 MLS
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    1001 S Mountvale Court, Anaheim image
    1001 S Mountvale Court, Anaheim $1,348,888

    LENDER OWNED PROPERTY. Opportunities like this do not come along very often in Southern California. Single family detached home with beautiful 180 degree canyon/valley v...

    • 4 Beds
    • 3 Baths
    • NDP2308548 MLS
    • Active Status
    206 Lido Place, Fullerton image
    206 Lido Place, Fullerton $1,474,900 ▼

    This is the one!! This is a 4 bedroom 3 bathroom pool home located in cul-de-sac in a quite well manicured neighborhood. This property has a backyard to do all your enter...

    • 4 Beds
    • 3 Baths
    • SR23179905 MLS
    • Active Status
    29312 Silverado Canyon Road, Silverado Canyon image
    29312 Silverado Canyon Road, Silverado Canyon $574,700

    Great Opportunity to own this single-family home oozing with potential. This home was built in 1929 and features 3 bedrooms and 2 bathrooms, with plenty of living space. ...

    • 3 Beds
    • 2 Baths
    • IV23154250 MLS
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    170 AVENIDA PRESIDIO, San Clemente image
    170 AVENIDA PRESIDIO, San Clemente $5,000,000

    Great opportunity for development. 34.3 acres with 5 parcels of land with great ocean and city light views. Currently zoned R-1 for 5 parcels. Can apply for rezoning w...

    • PW21049595 MLS
    • Active Status

    Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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    "Karen was extremely accommodating to our busy schedules and quick to respond. She really knew the Southern Orange County areas we were interested in ... more "
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  • Hakola & Associates
    Regency Real Estate Brokers
    Cal BRE # 01200533
    25950 Acero Ste. 100
    Mission Viejo, CA 92691
    (949) 661-7653
    hakolas@hakolas.com

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