Grand Terrace Foreclosures

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

Grand Terrace Foreclosures

If you’re looking to purchase a Grand Terrace 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 Grand Terrace 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 Grand Terrace 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 Grand Terrace by Zip Code

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Hottest Foreclosures Listings in Grand Terrace


Active
  • Located in Grand Terrace
  • Built in 1954
  • MLS #: 24439387
  • 3 Bedrooms
  • 1 Bath
  • 1,777 SqFt
More details Listing by Eran Fattal, Dynasty Real Estate

Active
  • Located in Grand Terrace
  • Built in 1973
  • MLS #: EV24165268
  • 3 Bedrooms
  • 2 Baths
  • 1,316 SqFt
More details Listing by MOLLY BAILEY, KELLER WILLIAMS REALTY

Active
  • Located in Grand Terrace
  • Built in 1982
  • MLS #: OC24230925
  • 3 Bedrooms
  • 3 Baths
  • 1,427 SqFt
More details Listing by Kathleen Reily-Dixon, Realty One Group West

Active
  • Located in Grand Terrace
  • Built in 2018
  • MLS #: IG24237453
  • 4 Bedrooms
  • 3 Baths
  • 2,051 SqFt
More details Listing by CESAR DIAZ, PONCE & PONCE REALTY, INC

Active
  • Located in Grand Terrace
  • Built in 1979
  • MLS #: IG24202234
  • 4 Bedrooms
  • 3 Baths
  • 2,689 SqFt
More details Listing by FRANK MESTAS, FRANK MESTAS BROKER

Pending
  • Located in Grand Terrace
  • Built in 1979
  • MLS #: IV24143275
  • 4 Bedrooms
  • 2 Baths
  • 1,622 SqFt
More details Listing by LARISSA HAWKINS, NATIONAL REALTY GROUP

Pending
  • Located in Grand Terrace
  • Built in 1946
  • MLS #: IG24214208
  • 2 Bedrooms
  • 1 Bath
  • 756 SqFt
More details Listing by SUSAN TEDROW, SUSAN TEDROW REAL ESTATE, INC.

Pending
  • Located in Grand Terrace
  • Built in 2017
  • MLS #: OC24211749
  • 3 Bedrooms
  • 3 Baths
  • 1,866 SqFt
More details Listing by Justin Tye, Real Broker

Pending
  • Located in Grand Terrace
  • Built in 2007
  • MLS #: CV24215802
  • 3 Bedrooms
  • 3 Baths
  • 1,795 SqFt
More details Listing by Ricardo Roman, ELEMENT RE INC

Pending
  • Located in Grand Terrace
  • Built in 1977
  • MLS #: TR24212365
  • 3 Bedrooms
  • 2 Baths
  • 1,444 SqFt
More details Listing by Vincent Munoz, Coldwell Banker Top Team

Active
  • Located in Grand Terrace
  • Built in 1969
  • MLS #: EV24195246
  • 3 Bedrooms
  • 2 Baths
  • 1,670 SqFt
More details Listing by CARLENE BOLLING, REAL ESTATE MASTERS GROUP

Active
  • Located in Grand Terrace
  • Built in 1985
  • MLS #: IG24220329
  • 3 Bedrooms
  • 2 Baths
  • 1,980 SqFt
More details Listing by RANDI MARTINEZ, EXP REALTY OF SOUTHERN CA. INC

Pending
  • Located in Grand Terrace
  • Built in 1956
  • MLS #: CV24201259
  • 4 Bedrooms
  • 3 Baths
  • 1,632 SqFt
More details Listing by Fabricio Badiola, Elite Premier Properties

Active
  • Located in Grand Terrace
  • Built in 1984
  • MLS #: IV24210163
  • 3 Bedrooms
  • 3 Baths
  • 1,962 SqFt
More details Listing by JEFF MAAS, NATIONAL REALTY GROUP

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

Grand Terrace Real Estate Listings

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

Open Houses in Grand Terrace

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 Grand Terrace 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 Grand Terrace, 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 Grand Terrace

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

Grand Terrace Home Values

Determining your Grand Terrace 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.

Grand Terrace Short Sales

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

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