Castro Valley Foreclosures

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Search Castro Valley Foreclosures for sale on the MLS. View recent sales and find homes for sale in Castro Valley which allow for a 50% commission credit.

Castro Valley Foreclosures

If you’re looking to purchase a Castro Valley home for sale at a bargain price, foreclosures can often be a great opportunity for experienced investors. If a homeowner defaulted on their mortgage and is unable to pay off their debt before their home auction date, the property will revert back to the lender through the Castro Valley foreclosure process. Once a home has been foreclosed on, it will either be sold off in bulk by the bank or listed with an agent who will add to the MLS. Prior to entering into the MLS, it is often only possible to purchase a foreclosure if you have cash. However, once the property comes on the market through the Castro Valley MLS, there is typically preference within the first 2 weeks to FHA or other government-backed mortgages; if the prior loan foreclosed on was a government-backed mortgage.

Foreclosures in Castro Valley by Zip Code

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Hottest Foreclosures Listings in Castro Valley


Active
  • Located in Castro Valley
  • Built in 1992
  • MLS #: ML81982923
  • 3 Bedrooms
  • 2 Baths
  • 1,393 SqFt
More details Listing by Eddie Oberoi, Intero Real Estate Services

Active
  • Located in Castro Valley
  • Built in 1991
  • MLS #: ML81978340
  • 2 Bedrooms
  • 2 Baths
  • 1,100 SqFt
More details Listing by Alma Valladares, Valley Pride Realty

Pending
  • Located in Castro Valley
  • Built in 1973
  • MLS #: ML81984054
  • 3 Bedrooms
  • 2 Baths
  • 1,723 SqFt
More details Listing by Carla Hudson, Intero Real Estate Services

Active
  • Located in Castro Valley
  • Built in 2024
  • MLS #: ML81986825
  • 4 Bedrooms
  • 4 Baths
  • 1,749 SqFt
More details Listing by Theresa Mejia, KB Home Sales -Northern California Inc

Active
  • Located in Castro Valley
  • Built in 2024
  • MLS #: ML81986824
  • 3 Bedrooms
  • 3 Baths
  • 1,495 SqFt
More details Listing by Theresa Mejia, KB Home Sales -Northern California Inc

Active
  • Located in Castro Valley
  • Built in 1986
  • MLS #: IV24153436
  • 4 Bedrooms
  • 3 Baths
  • 2,554 SqFt
More details Listing by BIJAN DASTMALCHIAN, Real Broker

Pending
  • Located in Castro Valley
  • Built in 1976
  • MLS #: SR24207401
  • 5 Bedrooms
  • 5 Baths
  • 6,034 SqFt
More details Listing by Kevin Grant, RE/MAX Plaza Realty

Pending
  • Located in Castro Valley
  • Built in 1942
  • MLS #: ML81964993
  • 4 Bedrooms
  • 2 Baths
  • 2,080 SqFt
More details Listing by Michael S Youssef, Arise Realty

Active
  • Located in Castro Valley
  • Built in 1968
  • MLS #: ML81963469
  • 4 Bedrooms
  • 4 Baths
  • 2,234 SqFt
More details Listing by Adriana Arteaga, Fireside Realty

This information is believed to be accurate, but without any warranty.

Castro Valley Real Estate Listings

Search homes for sale in Castro Valley through our MLS powered real estate search. Find and compare homes, condos, and land for sale in Castro Valley. Visit open houses or schedule a tour online with one of our partner agents. When you’re ready to make an offer on a Castro Valley home, you’ll recieve a 50% commission credit when you submit your offer online with OfferDash®.

Open Houses in Castro Valley

If you’re in the market for a new home or just love staying current with what’s on the market, check out the list of Castro Valley open houses happening this weekend. We can help you plan a day to tour homes for sale that are having an open house. When browsing homes for sale in Castro Valley, just hit the save button and build your open house list of homes you want to tour. If you’re not finding any open house options on a property you want to tour, our local Partner Agents can schedule a private tour for you.

Making an Offer to Buy a Home in Castro Valley

We’ve automated the home buying and selling process in order to save thousands for buyers and sellers. Once you’ve found the Castro Valley home for sale that you want to buy, just enter the address in our offer submission form and we’ll automatically draft a legal offer within minutes. In return, you’ll receive a 50% commission credit back for closing costs.

Castro Valley Home Values

Determining your Castro Valley home’s value is a 3 step process. A great way to begin is by checking your property value using our automated home valuation software. This free tool can help you determine what your home might sell for and even calculates estimated rental income it could generate by leasing out your property. To begin the process of determining your Homes value, start a free instant home valuation.

Castro Valley Short Sales

If a homeowner is having difficulty paying their mortgage and their Castro Valley home value has gone down below their mortgage amount, they may be considering a short sale. When a seller lists their Castro Valley home for sale as a short sale, they accept only one offer and submit it to their bank with a short sale package requesting mortgage debt relief. If their lender approves a short sale, they will inform the seller of the minimum net proceeds the bank will take in order to write off the sellers defaulted debt. It is often difficult to reduce the lenders’ short sale approval amount once the lender has made their decision. On loans with mortgage insurance, the lender’s losses are often covered by their insurance up to a certain amount. If a lender accepts a short sale they are likely to not receive a payout from their insurance, so knowing what coverage they have on a loan policy is key when requesting a short sale. If you’re interested in purchasing a Castro Valley home for sale that is listed as a short sale, know that it can be a lengthy process. Those that wait can often get a better deal than a foreclosure; since the bank only reviews 1 offer versus a foreclosure which may have multiple bids. However, a short sale could take months where a foreclosure sale can be sold within days.

Nearby Foreclosure Listings in Alameda County

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