Due to the commonly named "mortgage meltdown", foreclosures, bank-owned (REO) and short sales are everywhere -- even, rarely, in the South Bay.  There are not often foreclosures in Manhattan Beach, but they do exist, and Short Sales in Manhattan Beach and Redondo Beach can also be found.  Although these properties can be a real deal, they also take a knowledgable agent to guide you through the perilous waters of negotiating with the banks and making sure that all the appropriate paperwork is in place to ensure a clean chain of Title.  Both Danielle and Lauren have special training in Foreclosures and Short Sales.  Let us help guide you through the process, or help you find other bargains that aren't necessarily short sales -- we know where the good deals in Manhattan Beach, CA and the rest of the South Bay are!