Foreclosure Listings

The foreclosure business is a complex field within the real estate industry. In California , the process is non-judicial, which means that a lender can force a delinquent home owner to cure their loan within 90 days, or the lender can force the sale of their property at public auction in order to cure the loan.

The vast majority of properties that go into the foreclosure process do not actually go to the auction block.  Many foreclosures are "cured" through refinancing, while others are sold through the conventional MLS listing and sales process.  Most of these properties are "fixers" and the homeowners are often motivated to complete a sale quickly.  In a small number of cases, the owner waits too long and does not have enough time to sell through the normal process.  This can be a source of below-market, private sales.

As a real estate investor and agent, I have been active in tracking and pursuing foreclosures for several years.  I have attended dozens of foreclosure auctions, have purchased property at auction, and have spoken to hundreds of owners in foreclosure.

There are opportunities for the right type of buyers in this field if you are flexible, realistic and can move quickly. You also need fast access to good financing. The link below will give you an idea of what's available in your area at this moment.  However, without a subscription, it doesn't provide you with any details, such as the property address or the owner's name.  I have a subscription to this service, and I have experience contacting owners.  Please call or Email me if you would like more information or some help getting started in this field.