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Homes on way to repo auctions in 12 cities

Homes on way to repo auctions in 12 cities

First, in recent foreclosure news: Foreclosures seen for ‘many years to come’   Study: Latino ‘foreclosure generation’ devastated   Mass Transit a foreclosure fix?   Forecaster: ‘I don’t think this is a free lunch’ Every week, homes throughout Orange County go to foreclosure auctions. The owners can be millions of dollars in debt, or owe just a few thousand. Often these homes revert to the lenders, who eventually put them back on the market. Sometimes the homes are bought by investors and resold. Foreclosures affect more than the homeowners involved. They can impact entire neighborhoods. At the very least, they can affect nearby home sales. All of these homes and addresses have been listed in the public notices, as required by law. See Aliso Viejo HERE .

Read more here – Homes on way to repo auctions in 12 cities

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