Malibu bank owned properties should be viewed by potential buyers as an opportunity rather than a hurdle. The stigma associated with bank owned real estate has steered many buyers from properties that, if handled professionally and intelligently, could have provided excellent investment and residential opportunities. In areas where high-value real estate is prevalent – such as Malibu – bank owned properties are likely to give buyers a chance to get in to a valuable property where the purchase may have been previously prohibitive to their budget.

In addition to the value associated with Malibu bank owned real estate, buyers of such properties may be eligible for protections against future title attacks by rules meant to protect the innocent buyer. The exposure that foreclosure and bank ownership received as a result of the recently tumultuous real estate climate drove the government and title agencies to provide initiative for the purchase of bank owned homes. Russell Grether is an expert on the Malibu real estate market and would be a valuable resource for any party interested in Malibu bank owned property. As a certified negotiator and savvy networker, Russell brings a technologically sound skill-set that is supported by people skills to get results on both ends of the table.