Malibu banked owned properties are properties that have been repossessed by banks because borrowers failed to make their mortgage payments on time. Once a bank repossesses one of these homes, the home is not making the bank any money. This means that bank executives and asset managers want to sell the home as quickly as possible. Because they are so motivated to sell, buyers may be able to purchase Malibu homes for sale for as little as half of the true market value. However, dealing with bank-owned properties also has some drawbacks. Learn about the major benefits and…

Malibu banked owned properties are properties that have been repossessed by banks because borrowers failed to make their mortgage payments on time. Once a bank repossesses one of these homes, the home is not making the bank any money. This means that bank executives and asset managers want to sell the home as quickly as possible. Because they are so motivated to sell, buyers may be able to purchase Malibu homes for sale for as little as half of the true market value. However, dealing with bank-owned properties also has some drawbacks. Learn about the major benefits…

Offered at – $399,900!!!

• City – Malibu
• Area – Tivoli Cove complex – Near Latigo Canyon
• Bedrooms – 1 + Loft
• Bathroom – 2
• Square ft. – 953
• Year Built – 1973
• HOD: $699.00

Bank owned condo in desired beachfront complex of Tivoli Cove. This beautiful three story condo is a light and bright unit with 1bedroom plus a loft with terrific views of the pool and outdoor lounging areas. Fireplace in living room and master bedroom. Updated kitchen and appliances. Tremendous potential for a home away from home or as an Malibu real estate investment. Complex amenities include, 24 gated security, pool, spa, gym,…

Malibu bank owned properties should be viewed by potential buyers as an opportunity rather than a hurdle. The stigma associated with bank owned real estate has steered many buyers from properties that, if handled professionally and intelligently, could have provided excellent investment and residential opportunities. In areas where high-value real estate is prevalent – such as Malibu – bank owned properties are likely to give buyers a chance to get in to a valuable property where the purchase may have been previously prohibitive to their budget.

In addition to the value associated with Malibu bank owned real estate,…