The following article is not meant to be legal advice and although believed to be accurate is not guaranteed. You should verify all information before investing in and transacting trustee sale properties and possibly seek legal council. “Caveat Emptor“, Let the buyer be ware. In California, most lenders choose non-judicial foreclosure. When we look at… Read More
California Non Judicial vs. Judicial Foreclosure and Borrowers Redemption Rights
March 8, 2007 By Leave a Comment
Caution to Investors buying Pre- Foreclosure Real Estate
February 11, 2007 By Leave a Comment
A Cautionary note to investors looking to purchase pre-foreclosures real estate. The state of California calls these transactions equity sales. As a buyer, you must use a special form that gives the seller the right to cancel the transaction up to 5 days after signing the contract or 8:00 am of the day the property… Read More
California Foreclosures decrease in December
January 18, 2007 By 2 Comments
Further proof that we are building a base. Today, Realtytrac.com reported a -34.42% change over last months California foreclosure rate. Even though the rate is down from last month, it is still 64.49% higher than December 2005. With interest rates holding fairly low, we’ll have to see if things continue to settle down. I certainly… Read More
