Tag Archives: Default to foreclosure

Short Sale Requests Won’t Stop the California Non-Judicial Foreclosure Process

Some homeowners with mortgages are underwater here at Orange County CA and are considering possible short sale – or doing a strategic default and walking away. New California foreclosure laws informally named the “Homeowner Bill of Rights” went into effect on January 1, … 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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New CA Anti-Deficiency Law to Protect Homeowners Who Refinance Purchase Money Loans

Purchase money loans in CA are those used by home buyers to finance original buying of the home. Current CA anti-deficiency law protects a borrower from personal liability for the difference between the principal balance and what the lender receives at … 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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Investor Buyers Like Orange County CA Foreclosure Values

Investor buyers like foreclosures  at  Orange County CA real estate – with good values, low prices, and solid rents. Orange County like all of California has a foreclosure funnel – with some homes underwater – with others delinquent in payments, with … Continue reading

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