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Foreclosures, sometimes also called REOs (Real Estate Owned), are either homes or condos that have been taken over by a lending instituion (usually a bank), when the mortgage holder stops covering the monthly mortgage comittment. These properties are often times just as nice as regular sales, but are often listed at below market value so that the lending institution can recover losses quickly.
At Access Homes, we specialize in helping buyers purchase homes with bulit in equity. Below you can find links to homes in San Francisco, San Mateo, and San Jose that are foreclosure properties. Select a link from either the homes or condos column to preview these properties and if you are interested, we would be happy to set up a viewing with you.