Spring Brings Sales - In Foreclosures - VII

Industry Observer with No Longer Processing Mortgages. MLO #293441 expired

Spring Brings Sales - In Foreclosures - VII

Well, the numbers moved again. Today's legal notices showed a steep jump from SOLD at Auction

last week's four, as there were seven (7) notices of upcoming foreclosures in this

morning's newspaper (TNT - Tacoma) for Pierce County.

Of these, six of them were the four week notice before the proposed sales on

July 5 (I wonder how many buyers are going to be around that long weekend?),

while the other one was for the following week.

With the other news that sales of homes listed for sales have gone up significantly

compared to the same time last year, and that the number of homes available is

lower than it has been in some time, one would think that if banks have other homes

in foreclosure now would be the time to get them out there, especially since we are

coming into prime buying time.


Picture courtesy of Freedigitalphotos.net

Posted by


Steven CookSteven T Cook
Loan Officer, MLO-293441      

Cascade Pacific Home Loans  NMLS ID 76988
720 S 333rd St  Federal Way  WA  98003
Office 253-874-1111 | Cell 253-677-1064
Toll Free 1-800-874-8760 | fax 253-295-3901
scook@cphloans.com | www.bayeq.com

My Website

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