Brea FORECLOSURE LISTINGS

The market is booming! Find an affordable home through our foreclosure listings in Brea, California.

Total: 3
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
1
6 Photos
FERN AVE Brea CA 92821 Foreclosures 4 2 $399,900.00 Details
2
4 Photos
MOUNTAIN CT Brea CA 92821 Foreclosures 2 4 $244,900.00 Details
3
1 Photo
E ASH ST Brea CA 92821 Foreclosures 3 2 - Details
About our Listings

How to Buy Brea Foreclosures

How to buy foreclosures

Buying real estate foreclosures in Brea, CA starts with finding listings. By browsing Brea foreclosure lists, you can find all kinds of properties either scheduled for sale at public foreclosure auctions or available directly from banks (known as bank-owned or REO homes). The foreclosure process moves quickly, but as long as you give yourself time to research the home that interests you, you can find fantastic deals when you buy foreclosures in Brea, CA.

>> See more info about how to Buy foreclosures

How to Invest in Brea Foreclosures

How to invest foreclosure

Brea foreclosure homes are perfect for property investors because they can be purchased for below their actual market value right off the bat. To find the best Brea real estate investing bargains, you'll have to assess several properties and decide which has the most potential for Brea foreclosure investment value. Remember, real estate investing isn't just about getting the lowest price, it's about buying desirable home in locations with the potential for future value. Don't buy the first thing you see at Brea foreclosure short sales, wait for the right property at the right price.

>> See more info about how to invest in foreclosures

Types of Foreclosures in Brea

Foreclosure home

Foreclosures happen on all kinds of real estate, so a list of foreclosed homes in Brea will have all kinds of opportunities. In addition to single family homes, you'll find lots of duplex, triplex, and multi family homes, which are great for investing. You'll find upscale townhouse and lofts, and all kinds of houses and condo foreclosures in Brea, CA. There are even chances to buy land, farms, and ranches, sites for mobile homes, and Brea apartments for sale at great discounts ll over the city. Whether you're looking for commercial or residential property, the possibilities are endless.

>> Learn more about foreclosures

California Foreclosure Laws

Foreclosure law

California real estate foreclosures are both judicial and non-judicial foreclosures in that foreclosure houses can be processed through either mechanism. In a judicial foreclosure, distressed properties in Brea have to be approved through a court before an auction can take place. In a non-judicial foreclosure, no court approval is required; the lender can file a Notice of Default and eventually put the auction up for sale. Real estate brokers can handle foreclosures after they have been either cleared by the court or put on the market by the lender. In either case, homes that do not sell at auction are now owned by the lender and are Brea REO properties.

Brea Banks Foreclosures

Bank Foreclosure

Brea bank owned homes can be a great way for buyers to find cheap properties. When bank foreclosures in Brea, CA are not sold through a foreclosure auction, they become REO homes that are under the bank's control. Buyers must then approach banks and make offers on Brea bank owned foreclosures. These offers are either accepted or rejected. For this reason, many people find buying bank owned homes for sale in Brea California to be similar to buying from an agent. Check our Brea bank foreclosure listings and find discount properties.

>> See more info about bank foreclosures

Brea Government Foreclosures

Government Foreclosure

Brea Government homes are usually foreclosures with government-sponsored mortgages, but they can also be the result of a repossession due to a government tax lien. Most commonly you'll find homes from agencies like Freddie Mac, Fannie Mae, and the USDA, which are federal homes mortgage sponsors. Like like all lenders, they offer foreclosures for sale to the public. HUD homes in Brea CA are another popular type of foreclosure, as are VA foreclosures in Brea, which are available from the Veterans Affairs Department for especially great deals. Check our Brea government foreclosure listings.

>> See more info about govermment foreclosures

Brea Pre-Foreclosures

Foreclosure

PreForeclosures in Brea are properties that are in default, but have not yet gone to foreclosure sale. The foreclosure period begins when the homeowner is issued a Brea Lis Pendens, or Notice of Default. In some cases, the homeowner may attempt to pay off their debt during this time, but bankruptcies are also often declared. Law requires that bankruptcy homes and pre foreclosures must be in the pre foreclosure stage for at least 60 days before a foreclosure auction can be scheduled, but it can still takes weeks or months for a sale to occur.

>> See more info about pre-foreclosures

Brea Foreclosure Auctions

Foreclosure Auction

Most Brea foreclosed homes are sold through Sheriff auctions. These auctions are fantastic ways to find cheap houses for sale, often at up to 50% off market value. Anyone can bid at foreclosure auctions in Brea, and the auction is overseen by the Sheriff's office or a trustee. Be sure to secure financing before you attend an auction, because a down payment on the winning bid will be required after the sale ends. Auctions are the most common and sought after way to buy repo homes in Brea, CA. We offer a comprehensive Brea foreclosure auction listings.

>> See more info about foreclosure auctions

Top Zip Codes in Brea, California

Find Home Foreclosure Listings in Brea, CA

Brea foreclosure listings are your ticket to the lowest prices on real estate in the city, and there's no better source for them than ForeclosureListingsNationwide.com. With our constantly updated database of foreclosure listings in Brea, CA and easy-to-use search tools, finding the properties you want is fast and effective. Spend more time comparing Los Angeles apartment foreclosures, houses for sale or investment foreclosure properties and let us take care of the hard work! Use ForeclosureListingsNationwide.com to find bankruptcy houses for sale in Brea California, best affordable foreclosure condo in Brea, cheap apartments for sale, bargain foreclosed homes for sale in Brea, CA and earn huge savings on the homes YOU want to buy!

Our Brea Foreclosure Lists

You can find Brea foreclosure homes for sale which you can buy for living or investment. Simply click through our Brea foreclosure home listings to find government foreclosures and bank owned homes in Brea area. If you're searching for a deep discount or low prices on real estate then searching our Brea foreclosure lists for homes foreclosure for sale or short sale listing in Brea is your answer. Our up-to-date Brea short sale listings provide the latest investing opportunities on affordable Brea bank owned property listings, government pre foreclosure lists, Brea banrkuptcy homes and Brea HUD repossessed homes for sale which can be found at below market value. With our massive foreclosure list in Brea, you should have little trouble finding the cheapest deal on a foreclosed home in Brea, California.

You can also search Anaheim foreclosure listings and Fullerton foreclosure listings for more properties in the neighboring area.



Brea, CA

As of 2011, Brea's population is 39,339 people. Since 2000, it has had a population growth of 11. 06 percent. The median home cost in Brea is $431,500. Home appreciation the last year has been -1. 64 percent. Compared to the rest of the country, Brea's cost of living is 46. 70% Higher than the U. S. average. Brea public schools spend $4,305 per student. The average school expenditure in the U. S. is $5,678. There are about 23. 3 students per teacher in Brea. The unemployment rate in Brea is 6. 20 percent(U. S. avg. is 9. 10%). Recent job growth is Negative. Brea jobs have Decreased by 0. 85 percent. Average Commute time is 30 minutes. The National Average is 28 minutes.

Peoplebrea, caUS
Population39,339307,829,557
Pop Density3,69187
Pop Change11.06%9.34%
Median Age38.536.6
Households14,261116,329,167
Household Size2.772.58
Male Population49.12%49.31%
Female Population50.88%50.69%
Married Population50.59%47.15%
Single Population49.41%52.85%
Estimated Households By Household Incomebrea, caUS
Income Less Than 15k5.81%12.10%
Income Between 15k And 25k6.52%10.18%
Income Between 25k And 35k6.32%10.56%
Income Between 35k And 50k12.28%14.98%
Income Between 50k And 75k19.48%19.53%
Income Between 75k And 100k16.99%12.52%
Income Between 100k And 150k19.35%12.14%
Income Between 150k And 250k7.80%3.91%
Income Between 250k And 500k4.74%3.34%
Income Greater Than 500k0.71%0.75%
Economybrea, caUS
Unemployment Rate6.20%9.10%
Recent Job Growth-0.85%-0.12%
Future Job Growth32.10%31.25%
Sales Taxes7.75%6.80%
Income Taxes9.30%6.25%
Income Per Cap$33,238$27,067
Household Income$74,418$52,954
Housingbrea, caUS
Median Home Age34.235.1
Median Home Cost$431,500$175,100
Home Appreciation-1.64%-3.15%
Homes Owned63.16%59.90%
Housing Vacant2.25%10.37%
Homes Rented34.59%29.73%
Property Tax Rate$7.36$11.20
Owner Occupied Housing Units By Valuebrea, caUS
Less Than 20k0.38%2.65%
20k To 399991.34%3.76%
40k To 599992.05%4.99%
60k To 799992.17%6.01%
80k To 999992.40%7.27%
100k To 1499994.90%19.24%
150k To 1999992.07%14.67%
200k To 2999998.06%18.09%
300k To 39999919.79%9.14%
400k To 49999922.88%4.94%
500k To 74999927.37%5.42%
750k To 9999995.73%2.03%
1kk Or More0.85%1.77%
Educationbrea, caUS
School Expend$4,305$5,678
Pupil Teacher Ratio23.314.9
Students Per Librarian0803
Students Per Counselor1217513
2 Yr College Grad9.22%7.47%
4 Yr College Grad24.49%17.42%
Graduate Degrees13.13%10.12%
High School Grads90.59%84.72%
Crimebrea, caUS
Violent Crime44
Property Crime54
Housing Units By Year Structure Builtbrea, caUS
1999 To 20058.58%13.71%
1995 To 19983.43%8.54%
1990 To 19944.33%5.77%
1980 To 198920.38%13.87%
1970 To 197930.80%16.17%
1960 To 196918.73%11.70%
1950 To 195910.22%11.08%
1940 To 19491.90%6.02%
1939 Or Earlier1.63%13.15%

Table Information