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Pacific Grove Foreclosures

Pacific Grove,CA in Monterey County, as with many other places around the country, has some foreclosures. Not many places are without some, and you can find Pacific Grove REO's and short sales here,and in neighboring Carmel.

Read more about Pacific Grove foreclosures, or see all Padific Grove bank owned homes for sale below.

Pacific Grove Foreclosures- Bank Owned Homes Short Sales

All Listings $300,000 - $400,000 $400,000 - $500,000
$500,000 - $600,000 $600,000 - $700,000 $700,000 - $800,000


10 Search Results Found. Showing Results 1 - 10.

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Home for sale in Pacific Grove.

Spacious home in the retreat area of Pacific Grove. Great opportunity to own a large home...

Price: $776,000
City: Pacific Grove
Bedrooms: 3
Bathrooms: 2
Property Type: Single Family Residential
MLS ID: 81313897
Listing Courtesy: Catherine C. Gheen, Gheen Properties Inc
Home in Pacific Grove.

Updated home in wonderful Pacific Grove neighborhood, close to schools, beach and shopping....

Price: $729,000
City: Pacific Grove
Bedrooms: 3
Bathrooms: 2
Property Type: Single Family Residential
MLS ID: 81304406
Listing Courtesy: Bud Larson, Coldwell Banker DMR-Junipero
Bay-View Home in Pacific Grove.

Oak floors, original framed wood doorway, high ceilings and generous windows that flood the...

Price: $685,000
City: Pacific Grove
Bedrooms: 2
Bathrooms: 2
Property Type: Single Family Residential
MLS ID: 81300174
Listing Courtesy: Lucie Campos, Coldwell Banker DMR PG-North
Home for sale in Pacific Grove.

Come see this "French Country" ranch style home in Grove Acres, you'll be delighted. Beautifully...

Price: $629,000
City: Pacific Grove
Bedrooms: 3
Bathrooms: 2
Property Type: Single Family Residential
MLS ID: 81238726
Listing Courtesy: Holly Graham, E & E Real Estate Solutions
Ocean-View House in Pacific Grove.

Quiet neighborhood. Ocean views. Fireplace in living room. 2 bed and 2 bath up and 2 bed and...

Price: $549,000
City: Pacific Grove
Bedrooms: 4
Bathrooms: 3
Property Type: Single Family Residential
MLS ID: 81306145
Listing Courtesy: Tom Burns, Performance Realty Group
House in Pacific Grove.

Beach house close to town, schools & bay. Wood burning stove in LR, newer cabinets &...

Price: $435,000
City: Pacific Grove
Bedrooms: 3
Bathrooms: 2
Property Type: Single Family Residential
MLS ID: 81222049
Listing Courtesy: Joy Welch, Coldwell Banker DMR PG South
Pacific Grove Bay-View Home for sale.

Location! Location! You have a glimpse of the bay from this very nice 2 bedroom 1 bath home....

Price: $420,000
City: Pacific Grove
Bedrooms: 2
Bathrooms: 1
Property Type: Single Family Residential
MLS ID: 81307451
Listing Courtesy: Deanna Garcia, Coast & Country Real Estate Group Inc
House for sale in Pacific Grove.

Nice 3 Bedroom Home in Pacific Grove. Needs some TLC

Price: $395,000
City: Pacific Grove
Bedrooms: 3
Bathrooms: 2
Property Type: Single Family Residential
MLS ID: 81230611
Listing Courtesy: Cheryl Savage, Steinbeck Real Estate
House for sale in Pacific Grove.

Quaint Pacific Grove Historical Cottage. This cozy one bedroom one bath home has a wood burning...

Price: $389,000
City: Pacific Grove
Bedrooms: 1
Bathrooms: 1
Property Type: Single Family Residential
MLS ID: 81307299
Listing Courtesy: Robin D. Anderson, Sotheby's-Clocktower
Home in Pacific Grove.

NEW PRICE, Includes NEW Interior paint,New stove and range hood,1bed/1bath,Nice kitchen,1car...

Price: $314,900
City: Pacific Grove
Bedrooms: 1
Bathrooms: 1
Property Type: Single Family Residential
MLS ID: 81243592
Listing Courtesy: Andres Fernandez, Bay Shore Real Estate, Inc.

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Pacific Grove, California

Pacific Grove is one of those quaint old towns that is beautiful and elegant. It has charm and grace. It is a place you could imagine your grand parents growing up in where people are friendly and the community pace of life is slow. You enjoy the natural beauty all around you.

Pacific Grove Real Estate Stats

Total Listings: 78
Average Price: $1,076,613
Highest Listing Price: $10,500,000
Lowest Listing Price: $14,648
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Pacific Grove Foreclosures & Short Sales, REO's

Buyers looking for foreclosures in Pacific Grove can search the Pacific Grove 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 Pacific Grove, feel free to contact Gregg for answers or call 831-818-7524. You can also expand your search by viewing all homes for sale in Pacific Grove.

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