Rarely do we see bank owned properties come up for sale in the Laguna Beach CA Real Estate marketplace. With a total of 418 listings in Laguna Beach, only 5 of these properties are bank owned foreclosure homes for sale. With such a small number of homes, real estate investors and Laguna Beach home buyers have been chasing after short sales. The problem with short sales is that you have to wait for the short sale to be approved by the bank which can take several months. If you are looking for a deal and would like to be in the home before the end of summer then looking at bank owned properties is the right thing to do. A newly listed Laguna Beach CA Bank Owned home has just come on the market and features great ocean views with lots of potential. The home is located in the Summit Ridge area of the Laguna Village area which is known for it's ocean view houses with close proximity to the beach. If you are looking to buy before the summer is over please contact us today at 949-355-1622 to start viewing homes in Laguna Beach.