Foreclosures in Gilroy and Morgan Hill
We now have Foreclosure information on our website. You can view for free homes that are either in foreclosure or are bank owned. This information is provided for free, as we subscribe to foreclosure radar.
The best way to search is to use the zip codes: Gilroy is 95020 and Morgan Hill is 95037.
Check it out. It is a great way to search for foreclosures in the South County.
Search here for foreclosures in Morgan HIll and Gilroy
There has been a huge increase in the number of homes that have gone into Pending status. Buyers are returning to the market and it shows. Some homes have sold within a week. Buyers that were waiting are now committing, and getting some great deals out there. Gilroy was particularly hit hard with foreclosures (my theory: there wa a lot of martgage fraud in Gilroy), but coupled with historically low interest rates, it truly is a good time to buy. FHA has increased their loan limits, so an FHA loan of up to aboput $729,000 only requires a small down payment.
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