The Notice of Default list is updated with a few new properties. According to a forecast a the 'CRS Sellabration Event' in San Francisco last week, foreclosure will start to decline (nationally) as Short Sales pick up and Foreclosures will probably be back with a vengeance in 2011. For now banks are trying to work with sellers to either do loan modifications or sell in a short sale. The banks are quickly beginning to realize that they do not want to be in the Real Estate business.
The following properties just hit the NOD list:
1308 St. Gallen Ct. - Bank & HOA
869 S. Dyer
For a complete list of Foreclosures and Properties in default click here...
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