The number of bank owned homes in South Redondo Beach has continued to be steady with any new pending or closed sales quickly being replaced with new listings and the overall number generally hovering under 10. While bank owned homes, or REOs (Real Estate Owned) may not be quite the discounted price that is often seen in short sales, much of the delays, unknowns and aggrevations are alleviated. Currently ther are 6 bank owned homes on the market with all of them being townhomes or foreclosures. For an updated list of the foreclosures and short sales in Redondo Beach visit our distressed property page.
Keith Kyle is a licensed Realtor, short sale specialist and Top Producing agent with South Bay Brokers in Manhattan Beach. He serves his clients throughout the South Bay and his websites KeithKyleHomes.com, TorranceRealEstateHomes.com, ManhattanBeachLuxuryRealEstate.com and FindYourSouthBayHome.com offer the most comprehensive real estate destinations 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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