For the most part, the market in Grand Terrace is doing well. The average home value is upwards of $330,000, which is substantial and fair for the area. Values are still climbing, and the growth rate is slightly faster than the surrounding markets.
Grand Terrace has been on a steady incline since the values bottomed out during the real estate crisis, and they will continue to get stronger. It’s a healthy market, although it’s rather neutral.
Foreclosure is a little bit of a problem in Grand Terrace. With 3 in every 10,000 homes facing foreclosure, rates are higher than the national average. Lenders in the Grand Terrace area have been dealing with foreclosures for a while, and they’re more understanding than you may believe.
If your Grand Terrace home is facing foreclosure, your bank would probably prefer to cut a deal with you that would put the situation to an end.
Ask your lender if they would be willing to grant you a short sale. If they will, Southern California Home Buyers would be willing to purchase your home. Even if they won’t, we still may be able to help you. You’re allowed to sell your home all the way up until the actual foreclosure happens, and we’re ready to make an offer.