orange county foreclosures: Orange County foreclosure starts plummet amid new law - 10/13/08 10:48 AM
The Orange County foreclosure process was made more complex, due to a new state law requiring lenders to provide more information to potential loan defaulters. On July 8th, 2008, California Governor Arnold Schwarzenegger enacted California Foreclosure Law SB 1137 - with additional foreclosure notification requirements activated sixty days later. This law … (0 comments)

orange county foreclosures: FORECLOSURES ARE UP AND BANK OWNED PROPERTIES ARE HERE FOR A WHILE - 05/31/08 04:31 PM
 
FORECLOSURES ARE UP AND BANK OWNED PROPERTIES ARE HERE FOR A WHILE… The total number of foreclosures for April, the latest complete month available was 898, including houses and condominiums. That number was up 29% from March and 284% from a year ago. 
Now obviously all those homes did not … (1 comments)

orange county foreclosures: WHAT’S CAUSING THE REAL ESTATE SURGE AND WHAT ABOUT ALL THOSE FORECLOSURES?... - 04/02/08 03:41 PM
The surge is caused plain and simple by buyer demand.  Right now, if a home is properly priced for its condition, it will sell.  Because of incredibly bad publicity, buyers have sat and sat and sat on the sidelines.  Many of them can wait no longer to buy.  AND THEY … (2 comments)

orange county foreclosures: WHAT ARE THE ACTUAL NUMBERS… Orange County Home Sales and Foreclosures - 03/05/08 12:10 PM
WHAT ARE THE ACTUAL NUMBERS… The total number of sales for January (the latest month available) is 1,286 and that is a 46% decline over January 2007.  There were 806 resale houses, 327 condos sold and 153 new homes.  Orange County had 4,276 Notices of Default (not foreclosures) for the … (2 comments)

 
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