New bankowned Foreclosure and REO listings on the Westside

Foreclosure is the legal process by which a mortgage lender (mortgagee), or other lien holder, obtains a termination of a mortgage borrower (mortgagor)’s equitable right of redemption, either by court order or by operation of law (after following a specific statutory procedure). Usually a lender obtains asecurity interest from a borrower who mortgages or pledges an asset like a house to secure the loan. If the borrower defaults and the lender tries to repossess the property, courts of equity can grant the borrower the equitable right of redemption if the borrower repays the debt. While this equitable right exists, it is a cloud on title and the lender cannot be sure that (s)he can successfully repossess the property. Therefore, through the process of foreclosure, the lender seeks to foreclose the equitable right of redemption and take both legal and equitable title to the property in fee simple. Other lien holders can also foreclose the owner’s right of redemption for other debts, such as for overdue taxes, unpaid contractors’ bills or overduehomeowners’ association dues or assessments.

661 VIA SANTA YNEZ, PACIFIC PALISADES, CA 90272

$1,499,000
Bedrooms: 3
Bathrooms: 2
Sq. Ft.: 1,821

Open House on Sunday, May 20, 2012 2:00 PM - 5:00 PM

Photo Tour

Listing # 12600523

11507 BRADDOCK DRIVE, CULVER CITY, CA 90230

$410,000
Bedrooms: 4
Bathrooms: 2
Sq. Ft.: 1,401

Photo Tour

Listing # 12601029

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See more information on Santa Monica schools from Education.com

Elementary Schools in Santa Monica, CA, 3

19 Elementary Schools found in the area.

School	Type	Grade Level	Enrollment	Students per Teacher
Canyon Elementary School Phone: (310) 454-7510 421 Entrada Dr, Santa Monica, CA 90402	Charter	K-5	390	24
Edison Elementary School Phone: (310) 828-0335 2425 Kansas Ave, Santa Monica, CA 90404	Public	K-5	434	18
Franklin Elementary School Phone: (310) 828-2814 2400 Montana Ave, Santa Monica, CA 90403	Public	K-5	793	22
Grant Elementary School Phone: (310) 450-7651 2368 Pearl St, Santa Monica, CA 90405	Public	K-5	650	21
John Muir Elementary School Phone: (310) 399-7721 2526 Sixth St, Santa Monica, CA 90405	Public	K-5	340	19
McKinley Elementary School Phone: (310) 828-5011 2401 Santa Monica Blvd, Santa Monica, CA 90404	Public	K-5	433	18
Roosevelt Elementary School Phone: (310) 395-0941 801 Montana Ave, Santa Monica, CA 90403	Public	K-5	789	20
Will Rogers Elementary School Phone: (310) 452-2364 2401 14TH St, Santa Monica, CA 90405	Public	K-5	512	19
Santa Monica Alternative (K-8) School Phone: (310) 396-2640 2525 Fifth St, Santa Monica, CA 90405	Alt.	K-8	221	24
St Monica Elementary School Phone: (310) 451-9801 1039 Seventh St, Santa Monica, CA 90403	Private	K-8	279	24
Saint Anne School Phone: (310) 829-2775 2015 Colorado Ave, Santa Monica, CA 90404	Private	K-8	199	22
Carlthorp School Phone: (310) 451-1332 438 San Vicente Blvd, Santa Monica, CA 90402	Private	K-6	280	8
P S #1 Elementary School Phone: (310) 394-1313 1454 Euclid St, Santa Monica, CA 90404	Private	K-6	185	10
New Roads School Phone: (310) 828-5582 3131 Olympic Blvd, Santa Monica, CA 90404	Private	K-12	625	9
Santa Monica Montessori School Phone: (310) 829-3551 1909 Colorado Ave, Santa Monica, CA 90404	Private, Montessori	PK, K-7	125	13
Delphi Academy of Santa Monica Phone: (310) 526-2700 1229 4th St, Santa Monica, CA 90401	Private	K-7	32	9
Garden of Angels School Phone: (310) 453-4680 1009 18TH St, Santa Monica, CA 90403	Private, Alternative	PK, K-1	88	8
Crossroads Elementary School Phone: (310) 828-1196 1715 Olympic Blvd, Santa Monica, CA 90404	Private	K-5	312	9
Light House School Phone: (310) 829-1741 1220 20TH St, Santa Monica, CA 90404	Private	K-8	68	10

High Schools in Santa Monica, CA, 3

8 High Schools found in the area.

School	Type	Grade Level	Enrollment	Students per Teacher
Smmusd Community Day Phone: (310) 581-5739 1401 Olympic St, Santa Monica, CA 90404 http://www.smmusd.org	Alt.	9-12	22	12
Olympic High (Continuation) High School Phone: (310) 392-2494 721 Ocean Park Blvd, Santa Monica, CA 90405	Alt.	9-12	106	10
Santa Monica High School Phone: (310) 395-3204 601 Pico Blvd, Santa Monica, CA 90405	Public	9-12	3106	24
St Monica Catholic High School Phone: (310) 394-3701 1030 Lincoln Blvd, Santa Monica, CA 90403	Private	9-12	581	14
Concord High School Phone: (310) 828-9443 1831 Wilshire Blvd, Santa Monica, CA 90403	Private	9-12	102	10
New Roads School Phone: (310) 828-5582 3131 Olympic Blvd, Santa Monica, CA 90404	Private	K-12	625	9
Lighthouse Christian Academy Phone: (310) 829-2522 1424 Yale St, Santa Monica, CA 90404	Private	9-12	52	6
Pacifica Christian High School Phone: (310) 828-7015 1730 Wilshire Blvd, Santa Monica, CA 90403	Private	9-12	132	9

Middle Schools in Santa Monica, CA, 3

10 Middle Schools found in the area.

School	Type	Grade Level	Enrollment	Students per Teacher
John Adams Middle School Phone: (310) 452-2326 2425 16TH St, Santa Monica, CA 90405	Public	6-8	1016	22
Lincoln Middle School Phone: (310) 393-9227 1501 California Ave, Santa Monica, CA 90403	Public	6-8	1140	23
Santa Monica Alternative (K-8) School Phone: (310) 396-2640 2525 Fifth St, Santa Monica, CA 90405	Alt.	K-8	221	24
St Monica Elementary School Phone: (310) 451-9801 1039 Seventh St, Santa Monica, CA 90403	Private	K-8	279	24
Saint Anne School Phone: (310) 829-2775 2015 Colorado Ave, Santa Monica, CA 90404	Private	K-8	199	22
New Roads School Phone: (310) 828-5582 3131 Olympic Blvd, Santa Monica, CA 90404	Private	K-12	625	9
Santa Monica Montessori School Phone: (310) 829-3551 1909 Colorado Ave, Santa Monica, CA 90404	Private, Montessori	PK, K-7	125	13
Delphi Academy of Santa Monica Phone: (310) 526-2700 1229 4th St, Santa Monica, CA 90401	Private	K-7	32	9
New Roads Middle Schools Phone: (310) 587-2255 1238 Lincoln Blvd, Santa Monica, CA 90402	Private	6-8	101	6
Light House School Phone: (310) 829-1741 1220 20TH St, Santa Monica, CA 90404	Private	K-8	68	10