Real Estate Foreclosure Guide

Foreclosure California Real Estate Section


 


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Foreclosure California Real Estate Article

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Where To Find Real Estate Foreclosure Listings

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Real estate foreclosure listings are not a secret. There are multiple Internet sites that compile lists of their own to sell when you join their site as a member. There are benefits to going through a third party to get real estate foreclosure listings, but they can also be had just by searching the public records in your area. If you are looking for real estate foreclosure listings across the United States, then going to a third party that has compiled that information into one easy to search online source can save you a lot of time. If you are looking for real estate foreclosure listings close to home, however, you can get good information through your local newspapers, realtors, and the county records.

Local Information

When a bank is going to foreclose on a property, it is required by law to place a notice of sale in the local newspaper. This information will show up sporadically in the local newspapers and even some business journals are known to carry it too. Just look under the “Public Notice” section of these periodicals to find out what foreclosure sales may be happening in your area and compile your own list.

Another source to build quality, local, real estate foreclosure listings is the county records. You can look for any Notice of Default (NOD) to see what might in preforclosure. Other places to look in the public records are doing a search for Lis Pendens or Notices of Sale. Some county records are now searchable online and contain the latest information on local foreclosures. If you want to save some money and be the first in line, it can pay to create your own real estate foreclosure listings by searching the public records for free.

Online Third Parties

If you are investing nationwide, you may want to find information on foreclosures all across the country. In that case, you will probably want to get real estate foreclosure listings through a third party. One of the nice things about getting that information online is that often they provide additional information like tax and property liens that might be hard for you to find yourself. As always, be sure to check out properties thoroughly before making an offer, and double-check all the facts that you may get from a third party online vendor of real estate foreclosure listings. Otherwise, you might find out that there is an error in the information that can cost you plenty at closing. While using online third parties can help to speed up nationwide searches, they should never be a substitute for doing your own homework to make sure the deal is sound and you are protecting your own interests.




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Foreclosure California Real Estate Specific links

Foreclosure California Real Estate News

Foreclosure-prevention efforts bog down - Kansas City Star


Arizona Capitol Times

Foreclosure-prevention efforts bog down
Kansas City Star
Jerry Brown is pushing to use some of California's share of the $25 billion national mortgage settlement to plug holes in the state's budget, dismaying housing activists. Since the start of the real estate bust, foreclosures have been a persistent drag ...
MBA Advocacy Group Challenges California Foreclosure LegislationMortgageorb

all 78 news articles »

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REAL ESTATE: Texas firm targets homeowners with foreclosed 2nd mortgages - Press-Enterprise


abc7news.com

REAL ESTATE: Texas firm targets homeowners with foreclosed 2nd mortgages
Press-Enterprise
BY RICK JURGENS Adding new uncertainty in the state's ongoing mortgage crisis, a Texas company is aggressively pursuing hundreds of Californians to collect second-mortgage debt – on homes they've already lost through foreclosure.
Texas firm targets Calif. homeowners with foreclosed 2nd mortgagesCalifornia Watch
Firm targets CA homeowners with foreclosed 2nd mortgagesabc7news.com

all 9 news articles »

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MPG Office Trust Announces Agreement with Two California Plaza Special Servicer - MarketWatch (press release)


MPG Office Trust Announces Agreement with Two California Plaza Special Servicer
MarketWatch (press release)
LOS ANGELES, May 24, 2012 (BUSINESS WIRE) -- MPG Office Trust, Inc. (NYSE:MPG) , a Southern California-focused real estate investment trust, today announced that the Company and the special servicer for Two California Plaza, a property that is ...

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Texas company targets foreclosed owners' second loans - San Francisco Chronicle


Texas company targets foreclosed owners' second loans
San Francisco Chronicle
Heritage Pacific, started by twins Chris and Ben Ganter, who once starred in the real estate reality show "PayDirt," has spent millions of dollars since 2008 to buy at least 40000 second-mortgage notes from around the country, mostly in California.

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This Bogus Real Estate Agent Duped Florida Home Buyers Out Of $250000 - Business Insider


Business Insider

This Bogus Real Estate Agent Duped Florida Home Buyers Out Of $250000
Business Insider
Phony real estate agent and Dundee, Fla. resident Paul Vencatasawmy certainly looked and dressed the part. He held open houses at several homes, and courted clients at his local church and community, according to court papers obtained by WFTV.

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