Aliso Viejo California Bank Owned Foreclosure REO Homes for Sale

The local real esate market here in Aliso Viejo has been hit hard by the recession. Due to the rapid rise in appreciation over the past 7 years, and the failure of some mortgage banks, the local real estate market here in Aliso Viejo has been very soft.

Currently, there are some great opportunities to buy Bargain real estate in Aliso Viejo, CA. Interest rates are still very low, and current real estate prices have dropped substantially from a year ago. A home shopper can find good bargains if one knows where and how to look. One of the better opportunities for finding a great value for a home is searching for Foreclosures, Bank owned homes (REO's) or Short Sales. Below are a brief explanation of each situation.

A Bank REO (Real Estate Owned) is a home that is listed for sale by the Bank and is owned by the Bank as a result of a Foreclosure sale. Again, this a very good buying opportunity for the Bank is very motivated to sell. Banks do not want to own homes, they want to loan money, and the Bank is at risk of vandalism due to the vacant home, plus they are losing money each month that the Aliso Viejo home sits vacant and unsold.

Below we have displayed every Bank Owned REO home currently listed for sale in Aliso Viejo. If you would like to be added to our V.I.P. Aliso Viejo Bargain Homes priority email service, which will email brand new listings of Bank REO homes for sale, please click the previous link. If you would like to see the inside of any of the below Bank Owned REO homes for sale in Aliso Viejo, CA, please feel free to give us a call at: (949) 388-3396 or drop us an email at: Info@OCBankREO.com or fill out the form below:

The following List is All Bank Owned REO Foreclosure Properties currently listed for Sale in Aliso Viejo, CA.

26 Properties Found. Showing Page 1 of 3
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MLS®#:P819175

$689,000
Aliso Viejo, CA
5 br, 3 ba, 3,000 ft² Residential
Price:
$689,000
City:
Aliso Viejo
Beds:
5
Baths:
3
Type:
Residential
Street:
Lyon
MLS® #:
P819175
This panoramic view home in Aliso Viejo is priced to move...you in! Downstairs you will find a massi …
Type:
Residential
MLS® #:
P819175

This Panoramic View Home In Aliso Viejo Is Priced To Move...you In! Downstairs You Will Find A Massive...

Photo of Listing #P819175

MLS®#:S690682

$619,900
Aliso Viejo, CA
4 br, 3 ba, 2,000 ft² Residential
Price:
$619,900
City:
Aliso Viejo
Beds:
4
Baths:
3
Type:
Residential
Street:
Peacock
MLS® #:
S690682
Price reduced!!! Great opportunity to live at the end of a private cul de sac street! This home has …
Type:
Residential
MLS® #:
S690682

Price Reduced!!! Great Opportunity To Live At The End Of A Private Cul De Sac Street! This Home Has New...

Photo of Listing #S690682

MLS®#:S692813

$589,000
Aliso Viejo, CA
4 br, 3 ba, 2,100 ft² Residential
Price:
$589,000
City:
Aliso Viejo
Beds:
4
Baths:
3
Type:
Residential
Street:
Saddleridge
MLS® #:
S692813
This Beautiful Home is located on a Large Corner Lot in the Highly Desirable Crest - Pacific Ridge T …
Type:
Residential
MLS® #:
S692813

This Beautiful Home Is Located On A Large Corner Lot In The Highly Desirable Crest - Pacific Ridge Tract...

Photo of Listing #S692813

MLS®#:P819393

$569,000
Aliso Viejo, CA
3 br, 3 ba, 2,200 ft² Residential
Price:
$569,000
City:
Aliso Viejo
Beds:
3
Baths:
3
Type:
Residential
Street:
Style
MLS® #:
P819393
Rare detached single family home on cul de sac with pool & spa in Aliso Viejo! Low HOA dues! Upstair …
Type:
Residential
MLS® #:
P819393

Rare Detached Single Family Home On Cul De Sac With Pool & Spa In Aliso Viejo! Low Hoa Dues! Upstairs...

Photo of Listing #P819393

MLS®#:S682594

$520,000
Aliso Viejo, CA
3 br, 3 ba, 1,912 ft² Residential
Price:
$520,000
City:
Aliso Viejo
Beds:
3
Baths:
3
Type:
Residential
Street:
Pierremont
MLS® #:
S682594
Very unique home with extensive stone and tile work. Fantastic custom deck off master bedroom with s …
Type:
Residential
MLS® #:
S682594

Very Unique Home With Extensive Stone And Tile Work. Fantastic Custom Deck Off Master Bedroom With Spiral...

Photo of Listing #S682594

MLS®#:S692876

$479,900
Aliso Viejo, CA
3 br, 3 ba, 1,680 ft² Residential
Price:
$479,900
City:
Aliso Viejo
Beds:
3
Baths:
3
Type:
Residential
Street:
Egret
MLS® #:
S692876
REDUCED- NOW is your chance- Best Value in Seacoast Terraces! Open and bright spacious floorplan wi …
Type:
Residential
MLS® #:
S692876

Reduced- Now Is Your Chance- Best Value In Seacoast Terraces! Open And Bright Spacious Floorplan With...

Photo of Listing #S692876

MLS®#:S691171

$424,000
Aliso Viejo, CA
3 br, 3 ba, 2,204 ft² Residential
Price:
$424,000
City:
Aliso Viejo
Beds:
3
Baths:
3
Type:
Residential
Street:
Alegre
MLS® #:
S691171
Incredible Opportunity!! This gorgeous 2 story detached condo is the largest floor plan in the comm …
Type:
Residential
MLS® #:
S691171

Incredible Opportunity!! This Gorgeous 2 Story Detached Condo Is The Largest Floor Plan In The Community...

Photo of Listing #S691171

MLS®#:P818605

$414,900
Aliso Viejo, CA
3 br, 3 ba, 2,000 ft² Residential
Price:
$414,900
City:
Aliso Viejo
Beds:
3
Baths:
3
Type:
Residential
Street:
Belvedere
MLS® #:
P818605
Detached two-story home in good condition. Main level features family room entrance with gas/wood bu …
Type:
Residential
MLS® #:
P818605

Detached Two-story Home In Good Condition. Main Level Features Family Room Entrance With Gas/wood Burning...

Photo of Listing #P818605

MLS®#:S692962

$409,900
Aliso Viejo, CA
3 br, 3 ba, 1,350 ft² Residential
Price:
$409,900
City:
Aliso Viejo
Beds:
3
Baths:
3
Type:
Residential
Street:
Palacio
MLS® #:
S692962
Super clean light and bright detached home in Gated San Simeon community. Property has new paint, st …
Type:
Residential
MLS® #:
S692962

Super Clean Light And Bright Detached Home In Gated San Simeon Community. Property Has New Paint, Stainless...

Photo of Listing #S692962

MLS®#:P815743

$374,900
Aliso Viejo, CA
2 br, 3 ba, 1,461 ft² Residential
Price:
$374,900
City:
Aliso Viejo
Beds:
2
Baths:
3
Type:
Residential
Street:
Primrose
MLS® #:
P815743
A must see! Move in Condition!!! Two Bedrooms! Two Baths and a half. Loft could be converted to thir …
Type:
Residential
MLS® #:
P815743

A Must See! Move In Condition!!! Two Bedrooms! Two Baths And A Half. Loft Could Be Converted To Third...

Photo of Listing #P815743

MLS®#:S694256

$361,300
Aliso Viejo, CA
3 br, 3 ba, 1,502 ft² Residential
Price:
$361,300
City:
Aliso Viejo
Beds:
3
Baths:
3
Type:
Residential
Street:
Water
MLS® #:
S694256
Terrific Detached condo in the heart of Aliso Viejo. Cape Cod Style home located on a culdesac with …
Type:
Residential
MLS® #:
S694256

Terrific Detached Condo In The Heart Of Aliso Viejo. Cape Cod Style Home Located On A Culdesac With Cathedral...

Photo of Listing #S694256

MLS®#:S690300

$361,000
Aliso Viejo, CA
3 br, 3 ba, 1,465 ft² Residential
Price:
$361,000
City:
Aliso Viejo
Beds:
3
Baths:
3
Type:
Residential
Street:
Gauguin
MLS® #:
S690300
Enjoy the prestigious, gated community of Provence D'Aliso located in the heart of Aliso Viejo. Thi …
Type:
Residential
MLS® #:
S690300

Enjoy The Prestigious, Gated Community Of Provence D'aliso Located In The Heart Of Aliso Viejo. This...

Photo of Listing #S690300

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Listing information last updated on May 16th, 2012 at 8:55pm.