With interest rates remaining historically low, the market slowing down, and sellers becoming more motivated all of the time it's a great time to be a home buyer. Possibly the best source of great homes at below market prices are bank owned or REO properties. While not as prevalent as in more distressed areas around the state, Redondo Beach has seen a recent increase in these properties. Although dealing with banks isn't as simple as dealing with a standard sale, they're still generally much simpler then the short sale process which also offers great opportunities but often with long waits and multiple challenging obstacles to overcome.
View below the current bank owned homes and REO listings in Redondo Beach as of November 30th, 2010. If you're seeing this and the information is no longer up to date visit our Redondo Beach foreclosure and short sale site for updated information
North Redondo Beach

South Redondo Beach

Keith Kyle is a licensed Realtor, short sale specialist and Top Producer with South Bay Brokers in Manhattan Beach. He serves his clients throughout the South Bay and his websites KeithKyleHomes.com, ManhattanBeachLuxuryRealEstate.com and FindYourSouthBayHome.com offer the most comprehensive real estate websites in the South Bay with free MLS access, current home listings, open houses, recent home sales information and more. Keith can be reached at 310-251-2344 or by email at info@KeithKyleHomes.com. For more information on the South Bay, visit my Beach Cities Real Estate blog.
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