Stats on Foreclosures and Short Sales East Bay

If you want a Short Sale in Dublin, we can find 40. If you want a Foreclosure in Pleasanton we can find 11. If you want a Foreclosure in Blackhawk, we can find 2, sorry. Good luck finding these types of homes in Orinda, Alamo or Diablo, they are near impossible. Flip side, if you want a foreclosure in Antioch, 47% of homes for sale are your choice. So why the drastic change in numbers? Read my post Is Your Home Convenient for some answers.

View the chart below for some more stats on Short Sales and Foreclosures in Pleasanton, Dublin, Livermore and the Tri Valley.

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Buying Short Sales in Dublin or Foreclosures in Pleasanton

Buying a Short Sale in Dublin or a Foreclosure in Pleasanton is a lot easier than you think, but buying a Short Sale in Dublin or a Foreclosure in Pleasanton is not as easy as you think?? What, I’m confused too. While many people see buying foreclosures here in our area the thing to do, there are good and bad items to consider when buying a Short Sale in Dublin or a Foreclosure in Pleasanton

Allow me to explain…

Why Buying a Foreclosure in Pleasanton is Easy

• Clean Title (bank paid everything off)
• Good Prices (banks dont like holding homes)
• Easy to See (nobody lives there)

Why Buying a Foreclosure in Pleasanton is Hard

• Need Work (not all, but be prepared) Example 1687 East Gate Way
• Multiple Offers (remember, prices are good)
• No Disclosure (bank doesn’t know what went on in the home)

Why Buying a Short Sale in Dublin is Easy

• Motivation (time frame is short before it goes to foreclosure)
• Pricing (Seller needs to sell before bank steps in)
• Condition is Better (Generally, the sellers are taking care of the home)

Why Buying a Short Sale in Dublin is Hard

• Sloooow Response Time (could be a 3 months plus to get lender approval)
• Multiple Offers (Again motivation sets pricing)
• Foreclosure Hits (if it takes too long, the bank could foreclose while in contract)

Overall, if you know what you are doing then buying a Foreclosure in Pleasanton or Dublin can be a great opportunity. A Short Sale in Dublin could be a great bargain.

If you would like a list of Foreclosures in the Tri Valley or Short Sales here too, comment on this post.

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