Category Archives: Foreclosures

Risk of Buying Homes at Auction After Foreclosure in California

Risk of Buying Homes at Auction After Foreclosure in California Trustee sale auctions after foreclosure in California are where the property is auctioned to the highest bidder at a time and place indicated by law-required public notice.  No title insurance … Continue reading

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New California Law Requires Lenders to Record Foreclosur​es

New California law – AB 2273 – on lender foreclosures requires lenders to record foreclosure sales within 30 days of the foreclosure. This bill was passed and signed into law by the governor in September this year – and will … Continue reading

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3 Ways to Buy an Orange County CA Foreclosure Property

3 DIFFERENT WAYS TO BUY A FORECLOSURE AT ORANGE COUNTY CA REAL ESTATE: 1. PRE-FORECLOSURE “SHORT SALE” When an Orange County CA property loan is in arrears for 30 days or more, lenders usually start the California non-judicial foreclosure process with filing … Continue reading

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Irvine CA Real Estate – Foreclosure Update

Irvine CA has a robust economy and home resale market.  1,356 Irvine homes were resold from January 1 to July 31, 2012 – an average of 194 resold each month – with average resold price of $656,443. Irvine also has … Continue reading

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Top Things for Underwater Homeowners to Consider When Their Equity is Gone

Some home owners have recently seen their equity disappear from decreased value – and some completely wiped out (where loan and lien amounts are more than property value). Here are top things for underwater home owners to consider: 1.   Don’t wait too long. Rebound … Continue reading

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Trustee Sale Auctions After Foreclosure Scheduled at Irvine CA Real Estate

Irvine CA real estate has been a hotbed for active investors who want to buy foreclosure homes and properties – at both trustee auctions after non-judicial foreclosures – and when properties are listed again as REOs on the MLS. Number of Irvine properties in the … Continue reading

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Foreclosure Home Selling Market is on Hot Fire Pace at Orange County CA Real Estate

Foreclosure properties are selling so fast at Orange County CA that average selling time for REOs – after lenders buy the properties at trustee auctions and list for sale again – is 18 days. ‎There are only 304 foreclosure REO … Continue reading

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Costa Mesa CA Real Estate With Solid Number of Foreclosure Auctions Now Scheduled

Some people are predicting real estate business recovery patterns at Orange County CA. Real estate professionals at Costa Mesa CA real estate are working carefully to promote and protect their customers and clients – hope for positive patterns while being aware of the number of … Continue reading

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Shortened Time Frame From Default to Foreclosure at Orange County CA Real Estate

 10,898 Orange County CA properties are in the foreclosure pipeline as of today – February 15, 2012 – after filing of notice of default and prior to trustee auction sale at end of foreclosure. A recent trend at Orange County Ca real estate is … Continue reading

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Costa Mesa Foreclosure Filings at Orange County CA Real Estate

Costa Mesa foreclosure filing numbers for October 2011 at Orange County CA real estate were interesting. The 42 notices of default at Costa Mesa real estate for October 2011 were down from last month and also last year, and the 40 … Continue reading

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