These homes are in default on loans and have been scheduled for auctions.
Homes facing foreclosure in 17 cities is a post from: Mortgage Insider
Archive for Auctions
Homes facing foreclosure in 17 cities
First, in recent foreclosure news:
Study: How to stop unnecessary foreclosures
Why so many are playing debt ‘roulette’
Every week, homes throughout Orange County are scheduled for foreclosure auctions. The owners can be millions of dollars in debt, or owe just a few thousand.
Auctions are frequently postponed. But homes in foreclosure or put on the market as short sales [...]
Homes facing foreclosure in 17 cities is a post from: Mortgage Insider
Homes facing foreclosure in 16 cities
Every week, homes throughout Orange County go to foreclosure auctions. The owners can be millions of dollars in debt, or owe just a few thousand.
Often these homes revert to the lenders, who eventually put them back on the market. Sometimes the homes are bought by investors and resold.
Foreclosures affect more than the homeowners involved. They [...]
Homes facing foreclosure in 16 cities is a post from: Mortgage Insider
Homes facing foreclosure in 17 cities
First, in recent foreclosure news:
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Short sales top 700 in June
Bank-owned Newport Beach home sells for $9 million
Every week, homes throughout Orange County go to foreclosure auctions. The owners can be millions of dollars in debt, or owe just a few thousand.
Often these homes revert to the lenders, who eventually put them back on the market. Sometimes [...]
Homes facing foreclosure in 17 cities is a post from: Mortgage Insider
Homes facing foreclosure in 18 cities
First, in recent foreclosure news:
O.C. Distressed homes up 35%
Money is cheap, but ‘most people can’t get it’
Your city’s share of distressed homes
Every week, homes throughout Orange County go to foreclosure auctions. The owners can be millions of dollars in debt, or owe just a few thousand.
Often these homes revert to the lenders, who eventually put [...]
Homes facing foreclosure in 18 cities is a post from: Mortgage Insider
Homes facing foreclosure in 17 cities
First, in recent foreclosure news:
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$10 million Newport foreclosure sells
Every week, homes throughout Orange County go to foreclosure auctions. The owners can be millions of dollars in debt, or owe just a few thousand.
Often these homes revert to the lenders, who eventually put them back on the market. Sometimes the homes are bought by investors and resold.
Foreclosures [...]
Homes facing foreclosure in 17 cities is a post from: Mortgage Insider
O.C. foreclosure notices surge
Orange County highlights from ForeclosureRadar’s latest report:
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Notices of default in June were significantly less than a year ago but slightly higher than May.
Notices of trustee sale — or foreclosure auctions – shot up in June compared to both May and last June.
Fewer homes reverted to lenders or were sold to investors in June than in the other 2 periods.
Month
NOD
NTS
Back to
bank
3rd party
sale
Jun-10
1,419
2,126
369
194
May-10
1,408
1,616
543
254
Jun-09
2,831
1,731
640
270
.
As ForeclosureRadar [...]
O.C. foreclosure notices surge is a post from: Mortgage Insider
Homes facing foreclosure in 15 cities
First, in recent foreclosure news:
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New California foreclosures spike in June
Your city’s share of distressed homes on the market
Every week, homes throughout Orange County go to foreclosure auctions. The owners can be millions of dollars in debt, or owe just a few thousand.
Often these homes revert to the lenders, who eventually put them back on the market. [...]
Homes facing foreclosure in 15 cities is a post from: Mortgage Insider
New CA. foreclosures spike in June
After being down across the board in May, the filing of new foreclosure notices in California rose in June, while foreclosure sales dropped, reports ForeclosureRadar.com.
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From the Web site:
“The number of foreclosure sales that were cancelled hit an all time record in June, but the increase was primarily driven by just one lender, JP Morgan Chase, [...]
New CA. foreclosures spike in June is a post from: Mortgage Insider
Homes facing foreclosure in 18 cities
First, in recent foreclosure news:
O.C. foreclosures take another dip
1 in 13 skip O.C. house payments
Every week, homes throughout Orange County go to foreclosure auctions. The owners can be millions of dollars in debt, or owe just a few thousand.
Often these homes revert to the lenders, who eventually put them back on the market. Sometimes the [...]
Homes facing foreclosure in 18 cities is a post from: Mortgage Insider
