Cerritos Foreclosures

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

Cerritos Foreclosures

If you’re looking to purchase a Cerritos 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 Cerritos 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 Cerritos 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 Cerritos by Zip Code

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Hottest Foreclosures Listings in Cerritos


Active
  • Located in Cerritos
  • Built in 1969
  • MLS #: 25482173
  • 4 Bedrooms
  • 2 Baths
  • 1,404 SqFt
More details Listing by Nate Cole, Modern California House

Active
  • Located in Cerritos
  • Built in 1969
  • MLS #: PW25012236
  • 5 Bedrooms
  • 3 Baths
  • 2,457 SqFt
More details Listing by Alan Wignall, First Team Real Estate

Active
  • Located in Cerritos
  • Built in 1969
  • MLS #: PW24211225
  • 4 Bedrooms
  • 2 Baths
  • 1,597 SqFt
More details Listing by Han Kim, Circa Properties, Inc.

Active
  • Located in Cerritos
  • Built in 1972
  • MLS #: RS25004748
  • 3 Bedrooms
  • 1 Bath
  • 867 SqFt
More details Listing by Gretta Sheffer Minnema, Re/Max College Park Realty

Active
  • Located in Cerritos
  • Built in 1972
  • MLS #: PW25004936
  • 2 Bedrooms
  • 1 Bath
  • 904 SqFt
More details Listing by Nancy Huang, Berkshire Hathaway HomeServices California Properties

Active
  • Located in Cerritos
  • Built in 1967
  • MLS #: PW25001520
  • 5 Bedrooms
  • 3 Baths
  • 2,605 SqFt
More details Listing by Nikhil Jindal, Berkshire Hathaway HomeServices California Properties

Active
  • Located in Cerritos
  • Built in 1967
  • MLS #: PW25010933
  • 4 Bedrooms
  • 3 Baths
  • 2,367 SqFt
More details Listing by Ravindu Boopitiya Vidanag, iValue

Active
  • Located in Cerritos
  • Built in 1977
  • MLS #: DW24245073
  • 5 Bedrooms
  • 4 Baths
  • 2,374 SqFt
More details Listing by Rina Villeda, Real Estate by Rina & Karen &

Active
  • Located in Cerritos
  • Built in 1976
  • MLS #: CV24248138
  • 4 Bedrooms
  • 4 Baths
  • 2,733 SqFt
More details Listing by Diane Holley, MAINSTREET REALTORS

Active
  • Located in Cerritos
  • Built in 1989
  • MLS #: PW25012809
  • 4 Bedrooms
  • 3 Baths
  • 2,253 SqFt
More details Listing by Julie Shim, T.N.G. Real Estate Consultants

Active
  • Located in Cerritos
  • Built in 1970
  • MLS #: CV24245249
  • 4 Bedrooms
  • 2 Baths
  • 1,258 SqFt
More details Listing by Kris Hsu, HOMESMART, EVERGREEN REALTY

Active
  • Located in Cerritos
  • Built in 1989
  • MLS #: OC24223104
  • 2 Bedrooms
  • 3 Baths
  • 1,731 SqFt
More details Listing by Gina Hoadley, Virginia Hoadley

Active
  • Located in Cerritos
  • Built in 1973
  • MLS #: OC25007882
  • 3 Bedrooms
  • 2 Baths
  • 1,732 SqFt
More details Listing by Reza Ashoori, BullMark Real Estate Group

Active
  • Located in Cerritos
  • Built in 1969
  • MLS #: PW25005397
  • 4 Bedrooms
  • 2 Baths
  • 1,515 SqFt
More details Listing by Carlos Buenrostro, Danielle De La Torre, Broker

Active
  • Located in Cerritos
  • Built in 1972
  • MLS #: PW25001284
  • 3 Bedrooms
  • 1 Bath
  • 867 SqFt
More details Listing by Alex Medina, Major League Properties

Active
  • Located in Cerritos
  • Built in 1968
  • MLS #: WS24226551
  • 3 Bedrooms
  • 2 Baths
  • 1,632 SqFt
More details Listing by GLEN HIROSE, ADVANCED REAL ESTATE

Active
  • Located in Cerritos
  • Built in 1969
  • MLS #: CV25009081
  • 4 Bedrooms
  • 2 Baths
  • 1,531 SqFt
More details Listing by HONOR SANCHEZ, HMS REAL ESTATE SERVICES

Active
  • Located in Cerritos
  • Built in 1967
  • MLS #: CV25011370
  • 4 Bedrooms
  • 2 Baths
  • 2,036 SqFt
More details Listing by Mike Hsieh, RE/MAX TOP PRODUCERS

Active
  • Located in Cerritos
  • Built in 1971
  • MLS #: DW24218749
  • 3 Bedrooms
  • 2 Baths
  • 1,056 SqFt
More details Listing by Stanley Escobar, RE/MAX Dynasty

Pending
  • Located in Cerritos
  • Built in 1969
  • MLS #: PW25005053
  • 4 Bedrooms
  • 2 Baths
  • 1,645 SqFt
More details Listing by Lauren Lumbattis, First Team Real Estate

Active
  • Located in Cerritos
  • Built in 1968
  • MLS #: RS25009851
  • 4 Bedrooms
  • 3 Baths
  • 2,727 SqFt
More details Listing by Ricky Sood, SoodReal Estate Services, Inc.

Pending
  • Located in Cerritos
  • Built in 1967
  • MLS #: AR24239888
  • 4 Bedrooms
  • 3 Baths
  • 2,424 SqFt
More details Listing by Stephen Eng, Universal Elite Realty

Active
  • Located in Cerritos
  • Built in 1968
  • MLS #: 24470879
  • 4 Bedrooms
  • 3 Baths
  • 3,249 SqFt
More details Listing by Christopher Quintal, Century City Realtors

Active
  • Located in Cerritos
  • Built in 1973
  • MLS #: PW24244250
  • 2 Bedrooms
  • 1 Bath
  • 757 SqFt
More details Listing by Jorge Mora, Keller Williams Pacific Estate

Pending
  • Located in Cerritos
  • Built in 1971
  • MLS #: PW25003197
  • 3 Bedrooms
  • 2 Baths
  • 1,480 SqFt
More details Listing by Mike Oshiro, Keller Williams Realty

Active
  • Located in Cerritos
  • Built in 1967
  • MLS #: SB24194670
  • 5 Bedrooms
  • 3 Baths
  • 2,739 SqFt
More details Listing by Jorge Moya, West Shores Realty, Inc.

Pending
  • Located in Cerritos
  • Built in 1972
  • MLS #: PW24174541
  • 3 Bedrooms
  • 1 Bath
  • 867 SqFt
More details Listing by Leslie Ocampo, American Financial Group

Pending
  • Located in Cerritos
  • Built in 1971
  • MLS #: PW24230680
  • 4 Bedrooms
  • 3 Baths
  • 1,548 SqFt
More details Listing by Eric Tran, Greenfield Realty

Pending
  • Located in Cerritos
  • Built in 1970
  • MLS #: IV24255021
  • 2 Bedrooms
  • 2 Baths
  • 853 SqFt
More details Listing by ROBERT WATKINS, RE/MAX TIME REALTY

Active
  • Located in Cerritos
  • Built in 1968
  • MLS #: PW24253977
  • 3 Bedrooms
  • 2 Baths
  • 2,168 SqFt
More details Listing by Sonia Fernandez, United Executives

Active
  • Located in Cerritos
  • Built in 1972
  • MLS #: PW24193703
  • 2 Bedrooms
  • 1 Bath
  • 904 SqFt
More details Listing by Sharon Garcia, Home Smart Realty Group

Pending
  • Located in Cerritos
  • Built in 1969
  • MLS #: OC24198804
  • 3 Bedrooms
  • 2 Baths
  • 1,240 SqFt
More details Listing by Kirkland Lazarus, Kirkland Wade Lazarus Jr

Active
  • Located in Cerritos
  • Built in 2015
  • MLS #: GD24225876
  • 3 Bedrooms
  • 4 Baths
  • 1,849 SqFt
More details Listing by Gregory Jewett, Lightning Real Estate

Pending
  • Located in Cerritos
  • Built in 1972
  • MLS #: DW24247212
  • 3 Bedrooms
  • 2 Baths
  • 1,474 SqFt
More details Listing by Suhaila Sabir, Excellence RE Real Estate

Pending
  • Located in Cerritos
  • Built in 1976
  • MLS #: PW24203960
  • 4 Bedrooms
  • 2 Baths
  • 1,652 SqFt
More details Listing by Michelle Gonzalez, Re/Max Top Producers

Pending
  • Located in Cerritos
  • Built in 2001
  • MLS #: RS24225002
  • 4 Bedrooms
  • 3 Baths
  • 3,019 SqFt
More details Listing by Art Flores, Cal-Estate Realty

Active
  • Located in Cerritos
  • Built in 1972
  • MLS #: PW24230529
  • 3 Bedrooms
  • 1 Bath
  • 867 SqFt
More details Listing by David Guarino, First Team Real Estate

Active
  • Located in Cerritos
  • Built in 1968
  • MLS #: RS24114014
  • 4 Bedrooms
  • 2 Baths
  • 1,562 SqFt
More details Listing by Eddie Banez, Eddie Banez Broker

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

Cerritos Real Estate Listings

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

Open Houses in Cerritos

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 Cerritos 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 Cerritos, 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 Cerritos

We’ve automated the home buying and selling process in order to save thousands for buyers and sellers. Once you’ve found the Cerritos 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.

Cerritos Home Values

Determining your Cerritos 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.

Cerritos Short Sales

If a homeowner is having difficulty paying their mortgage and their Cerritos home value has gone down below their mortgage amount, they may be considering a short sale. When a seller lists their Cerritos 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 Cerritos 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 Los Angeles County

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