Courtesty of foreclosureradar.com, here’s how the foreclosure process works in California. If you would like more information on foreclosures in your area, please give me a call! (805) 339-3591.
Tag Archives: foreclosure
Foreclosure Activity Declines Hurting Investors
Here is the latest report from foreclosureradar.com
Foreclosure Starts declined across our coverage area wiping out the small gains in new foreclosure filings last month. In California, Notice of Default filings are down 69.8 percent from the peak in March 2009, and 15.8 percent from April 2011. Notice of Trustee Sale Filings, the start of Arizona’s foreclosure process, are down 59.4 percent from the peak in March 2009, and down 8.0 percent year-over-year.
Ventura Foreclosures
Per the latest report on ForeclosureRadar.com, it is not unusual to see foreclosures slow for the holidays, and the this year is no exception. Foreclosure starts were up slightly in Nevada and Washington, but the increases were insignificant given the recent declines in those states due to legislative changes and legal challenges. Foreclosure Sales rose only in Arizona, but that increase simply offset the drop seen in October and is still well below average monthly sales for the year there.