Saturday, July 24, 2010

South Orange County Properties Scheduled for Trustee Auction Sale After Foreclosure

Like other areas at South Orange County, San Clemente has properties in default on loans and scheduled to go to trustee sale auction after foreclosure according to legal notices.  

foreclosure auction sales

26 Via Divertirse

  • Amount unpaid: $1,067,826.25
  • Auction date: Aug. 2
  • Time: 3 p.m.
  • Location: At the north front entrance to the County Courthouse, 700 Civic Center Drive West, Santa Ana
  • Information: 714-277-4845
  • TS number: 7037.00483

3006 La Ventana

  • Amount unpaid: $845,919.56
  • Auction date: July 26
  • Time: Noon
  • Location: At the north front entrance to the County Courthouse, 700 Civic Center Drive West, Santa Ana
  • Information: 714-730-2727
  • TS number: 20100015002427

18 Calle De La Luna

  • Amount unpaid: $970,382.94
  • Auction date: Aug. 2
  • Time: Noon
  • Location: At the north front entrance to the County Courthouse, 700 Civic Center Drive West, Santa Ana
  • Information: 714-730-2727
  • TS number: 20100134002316

There are more such properties headed for auction the week of August 2 to 9.  Source: Orange County Register, Public records, 7-22-2010.

WHY IS BUYING AT FORECLOSURE AUCTION RISKY?

  • Some properties are not available for inspections.  
  • Buyers need to figure out a way to inspect the homes anyway and find out about utilities.  
  • Find out about possible tenants at the property who could have some legal right of occupancy.   
  • You need a title insurance company report about the property before making a bid. 
  • Buyers need to be clear and know what you are buying. 
  • Buyers at auctions in California must use cash or cashiers checks. 

This is for information only.  If you want to buy a property at a trustee sale auction, you should consult with an experienced REALTOR in the area who can advise and help with the process.

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See San Clemente homes that are in foreclosure and bank owned - click here for active link.

See San Juan Capistrano homes that are in foreclosure and bank owned - click here for active link.

See Dana Point homes that are in foreclosure and bank owned - click here for active link. 

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Harrison K. Long
REALTOR and broker associate, Explore Group Properties, Coldwell Banker Previews
949-854-7747 - CA DRE 01410855 - www.LiveAtIrvine.com - www.NewportCoastLive.com - www.LiveAtNewportBeach.com - www.CostaMesaLive.com - www.LiveAtLagunaBeach.com - www.CoastLivingHomes.com - www.ExploreOCHomes.com  - www.LiveAtOrangeCounty.com 

Posted via email from Explore OC Homes

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