Millbrae FORECLOSURE LISTINGS

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

Total: 2
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
1
2 Photos
MILLBRAE AVE Millbrae CA 94030 Foreclosures 2 2 $945,000.00 Details
2
2 Photos
CORTE ANA Millbrae CA 94030 Foreclosures 3 2 $725,000.00 Details
About our Listings

How to Buy Millbrae Foreclosures

How to buy foreclosures

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

>> See more info about how to Buy foreclosures

How to Invest in Millbrae Foreclosures

How to invest foreclosure

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

Foreclosure home

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

Millbrae Banks Foreclosures

Bank Foreclosure

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

>> See more info about bank foreclosures

Millbrae Government Foreclosures

Government Foreclosure

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

>> See more info about govermment foreclosures

Millbrae Pre-Foreclosures

Foreclosure

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

Millbrae Foreclosure Auctions

Foreclosure Auction

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

>> See more info about foreclosure auctions

Top Zip Codes in Millbrae, California

Find Home Foreclosure Listings in Millbrae, CA

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

Our Millbrae Foreclosure Lists

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

You can also search Menlo Park foreclosure listings and Pacifica foreclosure listings for more properties in the neighboring area.



Millbrae, CA

As of 2011, Millbrae's population is 21,296 people. Since 2000, it has had a population growth of 2. 86 percent. The median home cost in Millbrae is $807,000. Home appreciation the last year has been -1. 82 percent. Compared to the rest of the country, Millbrae's cost of living is 112. 10% Higher than the U. S. average. Millbrae public schools spend $4,481 per student. The average school expenditure in the U. S. is $5,678. There are about 20. 6 students per teacher in Millbrae. The unemployment rate in Millbrae is 8. 40 percent(U. S. avg. is 9. 10%). Recent job growth is Negative. Millbrae jobs have Decreased by 1. 03 percent. Average Commute time is 27 minutes. The National Average is 28 minutes.

Peoplemillbrae, caUS
Population21,296307,829,557
Pop Density6,58987
Pop Change2.86%9.34%
Median Age46.436.6
Households8,069116,329,167
Household Size2.582.58
Male Population47.79%49.31%
Female Population52.21%50.69%
Married Population52.73%47.15%
Single Population47.27%52.85%
Estimated Households By Household Incomemillbrae, caUS
Income Less Than 15k6.70%12.10%
Income Between 15k And 25k5.90%10.18%
Income Between 25k And 35k5.64%10.56%
Income Between 35k And 50k8.40%14.98%
Income Between 50k And 75k16.53%19.53%
Income Between 75k And 100k15.30%12.52%
Income Between 100k And 150k22.75%12.14%
Income Between 150k And 250k8.73%3.91%
Income Between 250k And 500k8.63%3.34%
Income Greater Than 500k1.41%0.75%
Economymillbrae, caUS
Unemployment Rate8.40%9.10%
Recent Job Growth-1.03%-0.12%
Future Job Growth29.54%31.25%
Sales Taxes8.25%6.80%
Income Taxes9.30%6.25%
Income Per Cap$41,192$27,067
Household Income$86,356$52,954
Housingmillbrae, caUS
Median Home Age50.335.1
Median Home Cost$807,000$175,100
Home Appreciation-1.82%-3.15%
Homes Owned61.66%59.90%
Housing Vacant2.88%10.37%
Homes Rented35.46%29.73%
Property Tax Rate$5.34$11.20
Owner Occupied Housing Units By Valuemillbrae, caUS
Less Than 20k0.12%2.65%
20k To 399990.23%3.76%
40k To 599990.41%4.99%
60k To 799990.92%6.01%
80k To 999991.00%7.27%
100k To 1499990.70%19.24%
150k To 1999990.31%14.67%
200k To 2999991.11%18.09%
300k To 3999992.68%9.14%
400k To 4999997.56%4.94%
500k To 74999935.38%5.42%
750k To 99999935.79%2.03%
1kk Or More13.79%1.77%
Educationmillbrae, caUS
School Expend$4,481$5,678
Pupil Teacher Ratio20.614.9
Students Per Librarian0803
Students Per Counselor2099513
2 Yr College Grad8.35%7.47%
4 Yr College Grad25.74%17.42%
Graduate Degrees13.13%10.12%
High School Grads91.25%84.72%
Crimemillbrae, caUS
Violent Crime34
Property Crime34
Housing Units By Year Structure Builtmillbrae, caUS
1999 To 20054.81%13.71%
1995 To 19982.31%8.54%
1990 To 19941.63%5.77%
1980 To 19896.19%13.87%
1970 To 197911.65%16.17%
1960 To 196922.12%11.70%
1950 To 195926.96%11.08%
1940 To 194916.44%6.02%
1939 Or Earlier7.90%13.15%

Table Information