Mentone Foreclosures

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

Mentone Foreclosures

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

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Hottest Foreclosures Listings in Mentone


Active
  • Located in Mentone
  • Built in 2007
  • MLS #: EV24077113
  • 4 Bedrooms
  • 3 Baths
  • 2,256 SqFt
More details Listing by MIA VARCIAG, REALTY ONE GROUP ROADS

Active
  • Located in Mentone
  • Built in 1997
  • MLS #: DW24077306
  • 3 Bedrooms
  • 2 Baths
  • 1,202 SqFt
More details Listing by Efren Delrio, The Delrio Group

Active
  • Located in Mentone
  • Built in 1955
  • MLS #: EV24058521
  • 3 Bedrooms
  • 2 Baths
  • 1,284 SqFt
More details Listing by SCARLETH CASAUS, C&D REAL ESTATE INC.

Active
  • Located in Mentone
  • Built in 1991
  • MLS #: CV24079446
  • 5 Bedrooms
  • 3 Baths
  • 2,236 SqFt
More details Listing by Michael Cirrito, Home Free Realty

Active
  • Located in Mentone
  • Built in 2019
  • MLS #: EV24017022
  • 4 Bedrooms
  • 4 Baths
  • 3,206 SqFt
More details Listing by THOMAS JACKSON, KELLER WILLIAMS REALTY

Pending
  • Located in Mentone
  • Built in 1987
  • MLS #: IV24049134
  • 3 Bedrooms
  • 3 Baths
  • 1,684 SqFt
More details Listing by ELIZA OTHMAN, KELLER WILLIAMS RIVERSIDE CENT

Active
  • Located in Mentone
  • Built in 2007
  • MLS #: EV24023048
  • 4 Bedrooms
  • 3 Baths
  • 2,786 SqFt
More details Listing by DAVID FENN, FENN REAL ESTATE, INC.

Active
  • Located in Mentone
  • Built in 2020
  • MLS #: PW24069616
  • 4 Bedrooms
  • 3 Baths
  • 2,350 SqFt
More details Listing by Bonnie Conte, Keller Williams Realty

Active
  • Located in Mentone
  • Built in 1987
  • MLS #: EV24002219
  • 4 Bedrooms
  • 3 Baths
  • 1,978 SqFt
More details Listing by BOYD WILLIAMS, Berkshire Hathaway Homeservices California Realty

Pending
  • Located in Mentone
  • Built in 1991
  • MLS #: AR24071432
  • 3 Bedrooms
  • 2 Baths
  • 944 SqFt
More details Listing by Yenyen Tang, Coldwell Banker George Realty

Active
  • Located in Mentone
  • Built in 1959
  • MLS #: IV24026933
  • 3 Bedrooms
  • 2 Baths
  • 1,855 SqFt
More details Listing by AUDREY ACEVEDO, KELLER WILLIAMS REALTY

Pending
  • Located in Mentone
  • Built in 1991
  • MLS #: IV24038636
  • 3 Bedrooms
  • 2 Baths
  • 944 SqFt
More details Listing by VERONICA FOSTER, TRUST PROPERTIES USA, INC

Active
  • Located in Mentone
  • Built in 1991
  • MLS #: CV24038924
  • 1 Bedrooms
  • 1 Bath
  • 716 SqFt
More details Listing by Thomas Gibson, THE WRIGHT ASSOCIATED COMPANY

Active
  • Located in Mentone
  • Built in 1993
  • MLS #: RS23171977
  • 5 Bedrooms
  • 3 Baths
  • 2,138 SqFt
More details Listing by Walter Munoz, Golden Ribbon Realty

Active
  • Located in Mentone
  • Built in 1936
  • MLS #: EV23228405
  • 2 Bedrooms
  • 1 Bath
  • 860 SqFt
More details Listing by MARIANO SOLINAP, REALTY MASTERS & ASSOCIATES

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

Mentone Real Estate Listings

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

Open Houses in Mentone

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 Mentone 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 Mentone, 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 Mentone

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

Mentone Home Values

Determining your Mentone 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.

Mentone Short Sales

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