1225 Foreclosures

Contents

Search Cheshire 1225 Foreclosures for sale on the MLS. View recent sales and find homes for sale in Cheshire which allow for a 50% commission credit.

Cheshire 1225 Foreclosures

If you’re looking to purchase a Cheshire 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 Cheshire 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 Cheshire 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.

Hottest Foreclosures Listings in Cheshire 1225


Active
  • Located in Los Angeles
  • Built in 1991
  • MLS #: SR24247466
  • 2 Bedrooms
  • 2 Baths
  • 1,145 SqFt
More details Listing by Antoinette Collins, Coldwell Banker Realty

Pending
  • Located in Templeton
  • Built in 1920
  • MLS #: NS24239797
  • 3 Bedrooms
  • 1 Bath
  • 1,038 SqFt
More details Listing by John Walker, W Property Group

Active
  • Located in San Diego
  • Built in 2005
  • MLS #: 240028655SD
  • 1 Bedrooms
  • 1 Bath
  • 892 SqFt
More details Listing by Chad Hughes, Mission Realty Group

Pending
  • Located in Hayward
  • Built in 1921
  • MLS #: ML81981807
  • 2 Bedrooms
  • 1 Bath
  • 768 SqFt
More details Listing by Irene L. Castillo, CENTURY 21 Real Estate Alliance

Active
  • Located in San Clemente
  • Built in 1986
  • MLS #: OC24204384
  • 1 Bedrooms
  • 1 Bath
  • 500 SqFt
More details Listing by Michelle Wilson, First Team Real Estate

Active
  • Located in Long Beach
  • Built in 1942
  • MLS #: RS24189114
  • 3 Bedrooms
  • 2 Baths
  • 1,461 SqFt
More details Listing by Oscar Garcia, eXp Realty of Greater L.A

Active
  • Located in Port Hueneme
  • Built in 1956
  • MLS #: V1-27127
  • 3 Bedrooms
  • 1 Bath
  • 1,390 SqFt
More details Listing by Jose Morales, eXp Realty of California, Inc

Pending
  • Located in San Diego
  • Built in 2005
  • MLS #: 240025205SD
  • 1 Bedrooms
  • 1 Bath
  • 865 SqFt
More details Listing by Brittany Etherton, The Oppenheim Group

Active
  • Located in Borrego Springs
  • Built in 1955
  • MLS #: NDP2406584
  • 2 Bedrooms
  • 1 Bath
  • 1,334 SqFt
More details Listing by Bonnie L. Smith, Smith Estates

Active
  • Located in Los Angeles
  • Built in 2017
  • MLS #: 24448651
  • 6 Bedrooms
  • 9 Baths
  • 9,901 SqFt
More details Listing by Michael Eisenberg, Keller Williams Beverly Hills

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

Cheshire Real Estate Listings

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

Open Houses in Cheshire

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 Cheshire 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 Cheshire, 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 Cheshire 1225

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

Cheshire Home Values

Determining your Cheshire 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.

Cheshire Short Sales

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

Menu