Listed and Bought with Manny Behar

Unit 76/505 E Madison Ave, El Cajon, CA, 92020

$250,000

2
925 sq. ft.

Condo

30+ days on the market

Sold: Jul 12, 2019

What's around Unit 76/505 E Madison Ave

About this property

This home is a Real Estate Owned (REO)/Post Foreclosure. Once a lender has foreclosed on a property it is soon put up for public auction. If bids fall short of the asking price the bank will buy back the home and attempt to sell it on the open market. However, lenders are not real estate agents, meaning that they will often accept offers 30 to 60 percent less than market value!

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