Attempting to secure a pre-foreclosure Calabasas, California property offers bargains but demand persistence. “Trying to get through to the homeowner is virtually impossible,” Beitler says. Often times, the homeowner is being pursued by creditors. If the homeowner is contacted, the buyer could be in for a surprise, Reed adds. Homeowners in default might not have phones or electricity, and they might have a variety of personal and legal problems.

Also to be taken into consideration is the fact that the homeowner usually needs to secure an alternate residence in order to vacate the Calabasas foreclosure property the buyer wants.  It’s always the smartest advice.