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CITY

Select a City: No Preference Adult Village Aptos Aromas Capitola Carmel Carmel Valley Del Rey Oaks East Salinas East Santa Cruz County East of Highway 17 Los Gatos Mtns Los Gatos Mtns SCZ Marina Marina Monterey North Monterey County North Salinas Pacific Grove Pebble Beach Rio Del Mar / Seascape Salinas Monterey Highway San Lorenzo Valley Santa Cruz Scotts Valley Seacliff Seaside/Sand City Soquel South Coast South Monterey County South Salinas Watsonville West Santa Cruz County Choose a property type: All Property Types Single Family Residential Condo / Townhome Mobile Homes Multi-Residential Residential Lots and Land

What is your price range? No Minimum $100,000 $125,000 $150,000 $175,000 $200,000 $225,000 $250,000 $275,000 $300,000 $325,000 $350,000 $375,000 $400,000 $425,000 $450,000 $475,000 $500,000 $600,000 $700,000 $800,000 $900,000 $1,000,000 $1,250,000 $1,500,000 $1,750,000 $2,000,000 $2,250,000 $2,500,000 $2,750,000 $3,000,000 $3,250,000 $3,500,000 $3,750,000 $4,000,000 $4,500,000 $5,000,000 $5,500,000 $6,000,000 $6,500,000 $7,000,000 $7,500,000 $8,000,000 $8,500,000 $9,000,000 $9,500,000 $10,000,000 No Maximum $100,000 $125,000 $150,000 $175,000 $200,000 $225,000 $250,000 $275,000 $300,000 $325,000 $350,000 $375,000 $400,000 $425,000 $450,000 $475,000 $500,000 $600,000 $700,000 $800,000 $900,000 $1,000,000 $1,250,000 $1,500,000 $1,750,000 $2,000,000 $2,250,000 $2,500,000 $2,750,000 $3,000,000 $3,250,000 $3,500,000 $3,750,000 $4,000,000 $4,500,000 $5,000,000 $5,500,000 $6,000,000 $6,500,000 $7,000,000 $7,500,000 $8,000,000 $8,500,000 $9,000,000 $9,500,000 $10,000,000

Number of rooms required? Beds 1 2 3 4 5 6 7 8+ Baths 1 2 3 4 5 6 7 8+

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SUBDIVISION

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What is your price range? No Minimum $100,000 $125,000 $150,000 $175,000 $200,000 $225,000 $250,000 $275,000 $300,000 $325,000 $350,000 $375,000 $400,000 $425,000 $450,000 $475,000 $500,000 $600,000 $700,000 $800,000 $900,000 $1,000,000 $1,250,000 $1,500,000 $1,750,000 $2,000,000 $2,250,000 $2,500,000 $2,750,000 $3,000,000 $3,250,000 $3,500,000 $3,750,000 $4,000,000 $4,500,000 $5,000,000 $5,500,000 $6,000,000 $6,500,000 $7,000,000 $7,500,000 $8,000,000 $8,500,000 $9,000,000 $9,500,000 $10,000,000 No Maximum $100,000 $125,000 $150,000 $175,000 $200,000 $225,000 $250,000 $275,000 $300,000 $325,000 $350,000 $375,000 $400,000 $425,000 $450,000 $475,000 $500,000 $600,000 $700,000 $800,000 $900,000 $1,000,000 $1,250,000 $1,500,000 $1,750,000 $2,000,000 $2,250,000 $2,500,000 $2,750,000 $3,000,000 $3,250,000 $3,500,000 $3,750,000 $4,000,000 $4,500,000 $5,000,000 $5,500,000 $6,000,000 $6,500,000 $7,000,000 $7,500,000 $8,000,000 $8,500,000 $9,000,000 $9,500,000 $10,000,000

Number of rooms required? Beds 1 2 3 4 5 6 7 8+ Baths 1 2 3 4 5 6 7 8+

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AREA

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Choose a property type: All Property Types Single Family Residential Condo / Townhome Mobile Homes Multi-Residential Residential Lots and Land

What is your price range? No Minimum $100,000 $125,000 $150,000 $175,000 $200,000 $225,000 $250,000 $275,000 $300,000 $325,000 $350,000 $375,000 $400,000 $425,000 $450,000 $475,000 $500,000 $600,000 $700,000 $800,000 $900,000 $1,000,000 $1,250,000 $1,500,000 $1,750,000 $2,000,000 $2,250,000 $2,500,000 $2,750,000 $3,000,000 $3,250,000 $3,500,000 $3,750,000 $4,000,000 $4,500,000 $5,000,000 $5,500,000 $6,000,000 $6,500,000 $7,000,000 $7,500,000 $8,000,000 $8,500,000 $9,000,000 $9,500,000 $10,000,000 No Maximum $100,000 $125,000 $150,000 $175,000 $200,000 $225,000 $250,000 $275,000 $300,000 $325,000 $350,000 $375,000 $400,000 $425,000 $450,000 $475,000 $500,000 $600,000 $700,000 $800,000 $900,000 $1,000,000 $1,250,000 $1,500,000 $1,750,000 $2,000,000 $2,250,000 $2,500,000 $2,750,000 $3,000,000 $3,250,000 $3,500,000 $3,750,000 $4,000,000 $4,500,000 $5,000,000 $5,500,000 $6,000,000 $6,500,000 $7,000,000 $7,500,000 $8,000,000 $8,500,000 $9,000,000 $9,500,000 $10,000,000

Number of rooms required? Beds 1 2 3 4 5 6 7 8+ Baths 1 2 3 4 5 6 7 8+

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ZIP

Enter Zip Code Choose a property type: All Property Types Single Family Residential Condo / Townhome Mobile Homes Multi-Residential Residential Lots and Land

What is your price range? No Minimum $100,000 $125,000 $150,000 $175,000 $200,000 $225,000 $250,000 $275,000 $300,000 $325,000 $350,000 $375,000 $400,000 $425,000 $450,000 $475,000 $500,000 $600,000 $700,000 $800,000 $900,000 $1,000,000 $1,250,000 $1,500,000 $1,750,000 $2,000,000 $2,250,000 $2,500,000 $2,750,000 $3,000,000 $3,250,000 $3,500,000 $3,750,000 $4,000,000 $4,500,000 $5,000,000 $5,500,000 $6,000,000 $6,500,000 $7,000,000 $7,500,000 $8,000,000 $8,500,000 $9,000,000 $9,500,000 $10,000,000 No Maximum $100,000 $125,000 $150,000 $175,000 $200,000 $225,000 $250,000 $275,000 $300,000 $325,000 $350,000 $375,000 $400,000 $425,000 $450,000 $475,000 $500,000 $600,000 $700,000 $800,000 $900,000 $1,000,000 $1,250,000 $1,500,000 $1,750,000 $2,000,000 $2,250,000 $2,500,000 $2,750,000 $3,000,000 $3,250,000 $3,500,000 $3,750,000 $4,000,000 $4,500,000 $5,000,000 $5,500,000 $6,000,000 $6,500,000 $7,000,000 $7,500,000 $8,000,000 $8,500,000 $9,000,000 $9,500,000 $10,000,000

Number of rooms required? Beds 1 2 3 4 5 6 7 8+ Baths 1 2 3 4 5 6 7 8+

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MLS #

Enter MLS Number: MLS Number: MLS Number: MLS Number:

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MAP

Select a Starting Point: No Preference Adult Village Aptos Aromas Capitola Carmel Carmel Valley Del Rey Oaks East Of Highway 17 East Salinas East Santa Cruz County Los Gatos Mtns Scz Marina Monterey North Salinas Pacific Grove Pebble Beach Rio Del Mar / Seascape San Lorenzo Valley Santa Cruz Scotts Valley Seacliff Seaside/sand City Soquel South Salinas Watsonville West Santa Cruz County Choose a property type: All Property Types Single Family Residential Condo / Townhome Mobile Homes Multi-Residential Residential Lots and Land

What is your price range? No Minimum $100,000 $125,000 $150,000 $175,000 $200,000 $225,000 $250,000 $275,000 $300,000 $325,000 $350,000 $375,000 $400,000 $425,000 $450,000 $475,000 $500,000 $600,000 $700,000 $800,000 $900,000 $1,000,000 $1,250,000 $1,500,000 $1,750,000 $2,000,000 $2,250,000 $2,500,000 $2,750,000 $3,000,000 $3,250,000 $3,500,000 $3,750,000 $4,000,000 $4,500,000 $5,000,000 $5,500,000 $6,000,000 $6,500,000 $7,000,000 $7,500,000 $8,000,000 $8,500,000 $9,000,000 $9,500,000 $10,000,000 No Maximum $100,000 $125,000 $150,000 $175,000 $200,000 $225,000 $250,000 $275,000 $300,000 $325,000 $350,000 $375,000 $400,000 $425,000 $450,000 $475,000 $500,000 $600,000 $700,000 $800,000 $900,000 $1,000,000 $1,250,000 $1,500,000 $1,750,000 $2,000,000 $2,250,000 $2,500,000 $2,750,000 $3,000,000 $3,250,000 $3,500,000 $3,750,000 $4,000,000 $4,500,000 $5,000,000 $5,500,000 $6,000,000 $6,500,000 $7,000,000 $7,500,000 $8,000,000 $8,500,000 $9,000,000 $9,500,000 $10,000,000

Number of rooms required? Beds 1 2 3 4 5 6 7 8+ Baths 1 2 3 4 5 6 7 8+

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Monterey Foreclosures

In Monterey County, as with many other places around the country, has some foreclosures. The county is huge and the different communities and price ranges vary in each. Not many places are immune and you can find Monterey REO's and short sales in many areas of Monterey County.As of late 2012 we seem to be seeing fewer foreclosures and generally more short sales reflecting a trend of banks working with sellers to sell as a short sale instead of a foreclosure.

Read more about Monterey foreclosures, or see all Monterey bank owned homes for sale below.

Monterey Foreclosures- Bank Owned Homes Short Sales

14 Search Results Found. Showing Results 1 - 14.

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Monterey House for sale.

Beautiful home located in a Sunbelt.Large bedrooms and very large lot with decks and bbq area...

Price: $849,000

City: Monterey

Bedrooms: 3

Bathrooms: 4

Property Type: Single Family Residential

MLS ID: 81316147

Listing Courtesy: W. Charles Coleman, Monterey Peninsula Properties

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Monterey Bay-View Home for sale.

Old Monterey.Bay views,city lights.No through traffic,a stones throw to DLI back gate.Home...

Price: $675,000

City: Monterey

Bedrooms: 5

Bathrooms: 3

Property Type: Single Family Residential

MLS ID: 81317270

Listing Courtesy: Anthony Pietragallo, Resource Real Estate Loans

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Home for sale in Monterey.

Wonderful, private location on a 20,000 sq ft lot. Family room opens to Solarium and deck;...

Price: $659,000

City: Monterey

Bedrooms: 4

Bathrooms: 3

Property Type: Single Family Residential

MLS ID: 81315809

Listing Courtesy: Carol Dellecker, Alain Pinel Realtors

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Bay-View House in Monterey.

Bay views from the spacious New Monterey 3 bedroom 3 bath home. Updated in 1996, this home...

Price: $649,000

City: Monterey

Bedrooms: 3

Bathrooms: 3

Property Type: Single Family Residential

MLS ID: 81312612

Listing Courtesy: Becky Jones, Shankle Real Estate

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Home in Monterey.

Lot of potential, 2872 sf on large lot in great area. Private master suite, pool & massive...

Price: $620,000

City: Monterey

Bedrooms: 3

Bathrooms: 2

Property Type: Single Family Residential

MLS ID: 81306511

Listing Courtesy: Colleen Yaklich, Shankle Real Estate

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Monterey Home for sale.

Tastefully remodeled home, features hardwood and tile floors, newer roof, windows, electrical,...

Price: $575,000

City: Monterey

Bedrooms: 3

Bathrooms: 2

Property Type: Single Family Residential

MLS ID: 81302542

Listing Courtesy: John Summers, Summers Real Estate

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Home for sale in Monterey.

Wow! 4 bedroom 2 bath Monterey home - centrally located and within a short stroll to Del Monte...

Price: $539,900

City: Monterey

Bedrooms: 4

Bathrooms: 2

Property Type: Single Family Residential

MLS ID: 81312438

Listing Courtesy: Becky Jones, Shankle Real Estate

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Monterey House for sale.

Only 6 years old and in move-in condition! Just a short distance to the Monterey recreation...

Price: $529,000

City: Monterey

Bedrooms: 4

Bathrooms: 2

Property Type: Single Family Residential

MLS ID: 81238494

Listing Courtesy: Becky Jones, Shankle Real Estate

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Monterey Condo / Townhome for sale.

Short sale- Remodeled 2-story, 3 BR, 2.5 Bath unit. Great location- large unit with 1600 SqFt...

Price: $429,000

City: Monterey

Bedrooms: 3

Bathrooms: 3

Property Type: Condo / Townhome

MLS ID: 81301220

Listing Courtesy: Brad Towle, Sotheby's-Clocktower

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House for sale in Monterey.

Cute family home in New Monterey. Flow outside to the spacious front yard and relax on the...

Price: $399,000

City: Monterey

Bedrooms: 3

Bathrooms: 2

Property Type: Single Family Residential

MLS ID: 81228965

Listing Courtesy: Mary-Ann Tucker-Finnie, Dream Home Finders Realty

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Condo / Townhome in Monterey.

Beautiful condo with wood floors, maple cabinets, stainless steel appliances,Granite counter...

Price: $375,000

City: Monterey

Bedrooms: 2

Bathrooms: 1

Property Type: Condo / Townhome

MLS ID: 81308307

Listing Courtesy: Kathleen McCrystal, David Lyng & Associates

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Monterey Condo / Townhome for sale.

Alternative address for GPS's is 30 Monte Vista Drive #2308. Upper end unit - tastefully updated...

Price: $274,900

City: Monterey

Bedrooms: 2

Bathrooms: 1

Property Type: Condo / Townhome

MLS ID: 81309739

Listing Courtesy: Becky Jones, Shankle Real Estate

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Condo / Townhome for sale in Monterey.

Lovely ground floor 2 bedroom, 2 bath end-unit condo located behind MPC in sunny Monterey....

Price: $235,000

City: Monterey

Bedrooms: 2

Bathrooms: 2

Property Type: Condo / Townhome

MLS ID: 81310919

Listing Courtesy: Bill Bluhm, Bratty & Bluhm Real Estate

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House in Monterey.

Contractor special. Cash only, no contingencies. Inspect carefully prior to making offer.

Price: $208,100

City: Monterey

Bedrooms: 2

Bathrooms: 1

Property Type: Single Family Residential

MLS ID: 81146453

Listing Courtesy: Pat Mat Properties, Keller Williams Realty

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Monterey

Monterey is a delightful seaside community with a rich history attached to the sea. While a prime tourist spot, it has its place in literary history. With the thriving Cannery Row and the world class Monterey Bay Aquarium, the area is a visual and visceral delight.

Real Estate Statistics

Total Listings:	123
Average Price:	$736,400
Highest Listing Price:	$3,000,000
Lowest Listing Price:	$1

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Pacific Grove Pebble Beach

Monterey Bank Owned Homes, REOs & Short Sales

Buyers looking for foreclosures in Monterey can search the Monterey MLS for foreclosed homes for sale. If a home goes to the foreclosure auction, if no one outbids the lender, then the ownership reverts to the bank, making the home an REO or bank owned home. Usually these homes will be available for sale at a later time. Transactions that occur before the foreclosure stage are known as short sales.Both are good opportunities for the investor or homeowner. 

A short sale occurs when a home is sold for less than the amount still owed to the bank. Pre-foreclosure transactions like short sales can present a great opportunity for buyers looking for a good deal, for sellers who are looking to get out from under their mortgage, as well as for lenders looking to avoid the time-consuming foreclosure process.

Short sales are a bit of a process for buyers before the sale is final. Also, sellers still have a vested interest in keeping the home in good repair, as they usually live there. That said, short sales can take a very long time to complete, and there's no guarantee that the lender will approve the deal. Buyers looking for Monterey short sales are wise to talk to a REALTOR® who is experienced with these types of sales, so they know exactly what they're getting into.

If you have any questions about buying short sales or REOs in Monterey, feel free to contact Gregg for answers. You can also expand your search by viewing all homes for sale in Monterey.

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