Montebello FORECLOSURE LISTINGS

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

Total: 8
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
1
14 Photos
VIA ALTAMIRA Montebello CA 90640 Foreclosures 2 1 $535,000.00 Details
2
6 Photos
NEIL ARMSTRONG ST UNIT 309 Montebello CA 90640 Foreclosures 1 1 $87,900.00 Details
3
33 Photos
S 5TH ST Montebello CA 90640 Foreclosures 4 2 $312,000.00 Details
4
1 Photo
VIA ALTAMIRA Montebello CA 90640 Foreclosures 2 1 $535,000.00 Details
5
1 Photo
Spruce St Montebello CA 90640 Foreclosures 3 3 $499,900.00 Details
6 -
0 Photo
CARMELITA PL Montebello CA 90640 Auctions 3 2 $362,589.00 Details
7
13 Photos
N VAIL AVE Montebello CA 90640 Foreclosures 3 2 $269,900.00 Details
8 -
0 Photo
NEIL ARMSTRONG ST APT 204 Montebello CA 90640 Foreclosures 2 2 $149,900.00 Details
About our Listings

How to Buy Montebello Foreclosures

How to buy foreclosures

Buying real estate foreclosures in Montebello, CA starts with finding listings. By browsing Montebello 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 Montebello, CA.

>> See more info about how to Buy foreclosures

How to Invest in Montebello Foreclosures

How to invest foreclosure

Montebello 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 Montebello real estate investing bargains, you'll have to assess several properties and decide which has the most potential for Montebello 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 Montebello 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 Montebello

Foreclosure home

Foreclosures happen on all kinds of real estate, so a list of foreclosed homes in Montebello 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 Montebello, CA. There are even chances to buy land, farms, and ranches, sites for mobile homes, and Montebello 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 Montebello 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 Montebello REO properties.

Montebello Banks Foreclosures

Bank Foreclosure

Montebello bank owned homes can be a great way for buyers to find cheap properties. When bank foreclosures in Montebello, 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 Montebello bank owned foreclosures. These offers are either accepted or rejected. For this reason, many people find buying bank owned homes for sale in Montebello California to be similar to buying from an agent. Check our Montebello bank foreclosure listings and find discount properties.

>> See more info about bank foreclosures

Montebello Government Foreclosures

Government Foreclosure

Montebello 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 Montebello CA are another popular type of foreclosure, as are VA foreclosures in Montebello, which are available from the Veterans Affairs Department for especially great deals. Check our Montebello government foreclosure listings.

>> See more info about govermment foreclosures

Montebello Pre-Foreclosures

Foreclosure

PreForeclosures in Montebello are properties that are in default, but have not yet gone to foreclosure sale. The foreclosure period begins when the homeowner is issued a Montebello 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

Montebello Foreclosure Auctions

Foreclosure Auction

Most Montebello 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 Montebello, 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 Montebello, CA. We offer a comprehensive Montebello foreclosure auction listings.

>> See more info about foreclosure auctions

Top Zip Codes in Montebello, California

Find Home Foreclosure Listings in Montebello, CA

Montebello 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 Montebello, 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 Montebello California, best affordable foreclosure condo in Montebello, cheap apartments for sale, bargain foreclosed homes for sale in Montebello, CA and earn huge savings on the homes YOU want to buy!

Our Montebello Foreclosure Lists

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

You can also search La Mirada foreclosure listings and Norwalk foreclosure listings for more properties in the neighboring area.



Montebello, CA

As of 2011, Montebello's population is 64,388 people. Since 2000, it has had a population growth of 3. 53 percent. The median home cost in Montebello is $378,100. Home appreciation the last year has been -2. 65 percent. Compared to the rest of the country, Montebello's cost of living is 38. 10% Higher than the U. S. average. Montebello public schools spend $4,982 per student. The average school expenditure in the U. S. is $5,678. There are about 24 students per teacher in Montebello. The unemployment rate in Montebello is 13. 60 percent(U. S. avg. is 9. 10%). Recent job growth is Negative. Montebello jobs have Decreased by 0. 59 percent. Average Commute time is 31 minutes. The National Average is 28 minutes.

Peoplemontebello, caUS
Population64,388307,829,557
Pop Density7,71487
Pop Change3.53%9.34%
Median Age34.236.6
Households18,911116,329,167
Household Size3.362.58
Male Population48.50%49.31%
Female Population51.50%50.69%
Married Population39.15%47.15%
Single Population60.85%52.85%
Estimated Households By Household Incomemontebello, caUS
Income Less Than 15k11.96%12.10%
Income Between 15k And 25k10.98%10.18%
Income Between 25k And 35k11.76%10.56%
Income Between 35k And 50k14.98%14.98%
Income Between 50k And 75k19.51%19.53%
Income Between 75k And 100k12.58%12.52%
Income Between 100k And 150k11.69%12.14%
Income Between 150k And 250k3.83%3.91%
Income Between 250k And 500k2.34%3.34%
Income Greater Than 500k0.35%0.75%
Economymontebello, caUS
Unemployment Rate13.60%9.10%
Recent Job Growth-0.59%-0.12%
Future Job Growth25.22%31.25%
Sales Taxes8.25%6.80%
Income Taxes9.30%6.25%
Income Per Cap$19,515$27,067
Household Income$50,577$52,954
Housingmontebello, caUS
Median Home Age47.135.1
Median Home Cost$378,100$175,100
Home Appreciation-2.65%-3.15%
Homes Owned46.80%59.90%
Housing Vacant2.46%10.37%
Homes Rented50.74%29.73%
Property Tax Rate$7.73$11.20
Owner Occupied Housing Units By Valuemontebello, caUS
Less Than 20k0.91%2.65%
20k To 399990.77%3.76%
40k To 599990.88%4.99%
60k To 799990.56%6.01%
80k To 999990.14%7.27%
100k To 1499991.40%19.24%
150k To 1999993.43%14.67%
200k To 29999915.11%18.09%
300k To 39999933.56%9.14%
400k To 49999920.24%4.94%
500k To 74999918.98%5.42%
750k To 9999993.25%2.03%
1kk Or More0.76%1.77%
Educationmontebello, caUS
School Expend$4,982$5,678
Pupil Teacher Ratio2414.9
Students Per Librarian3887803
Students Per Counselor890513
2 Yr College Grad6.37%7.47%
4 Yr College Grad12.20%17.42%
Graduate Degrees5.03%10.12%
High School Grads69.99%84.72%
Crimemontebello, caUS
Violent Crime64
Property Crime54
Housing Units By Year Structure Builtmontebello, caUS
1999 To 20053.28%13.71%
1995 To 19981.13%8.54%
1990 To 19941.19%5.77%
1980 To 19897.72%13.87%
1970 To 197920.50%16.17%
1960 To 196922.55%11.70%
1950 To 195922.41%11.08%
1940 To 194914.84%6.02%
1939 Or Earlier6.38%13.15%

Table Information