In Simi Valley, California there are 291 properties that are in pre-foreclosure as where there are only 92 active listings on the market. So is this inflation that has been happening (the 10% rise in the last year) real? 291 properties that have the potential of turning into foreclosures. Some of those properties will become short sales, some with get loan mods, some will make their payments current, and some will become bank owned.
Monday, February 18, 2013
Ventura County, California Foreclosures on the Decline
According the the Ventura County Star's article on the 13th foreclosure's are on the decline. Have we filtered through all the junk loans? Not quite. As of today there are currently 1,420 homes in pre-foreclosure! These are potential properties that could be foreclosure's or the seller's could short sell their property.
In Simi Valley, California there are 291 properties that are in pre-foreclosure as where there are only 92 active listings on the market. So is this inflation that has been happening (the 10% rise in the last year) real? 291 properties that have the potential of turning into foreclosures. Some of those properties will become short sales, some with get loan mods, some will make their payments current, and some will become bank owned.
In Simi Valley, California there are 291 properties that are in pre-foreclosure as where there are only 92 active listings on the market. So is this inflation that has been happening (the 10% rise in the last year) real? 291 properties that have the potential of turning into foreclosures. Some of those properties will become short sales, some with get loan mods, some will make their payments current, and some will become bank owned.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment