Saturday, January 15, 2011

Trustee Auction Sales after Foreclosure - Newport Beach, CA

Newport Beach foreclosures 

Newport Beach has lots of spectacular homes, many with ocean views in some of the most sought after residential communities in Southern California.

Newport beach property foreclosure Information - homes and properties at Newport Beach and South Orange County communities.  Harbor view from Newport Heights

149 NEWPORT BEACH homes and properties are now scheduled for Trustee Sale Auctions After Foreclosure.  

California has purchase money loans (not mortgages) on real property and that such loans are evidenced with notes secured by deeds of trust.  Beneficiaries of the property deeds of trust designate a trustee for that deed.  If the obligor on the note fails to make payments, the beneficiary starts foreclosure by asking the trustee to file and record a notice of default.  If payments are not then made (usually within 90 days) to cure the defult, the trustee would schedule (file and record) the trustee auction sale after foreclosure.

Information about three of the 149 Newport Beach homes now scheduled for trustee sale auctions:

Address:  4004 W. Oceanfront 
Auction Date:  2-3-2011
Time:  12:00 PM
Location:  700 Civic Center Dr. West, Santa Ana, CA
Trustee:  California Reconveyance
Published Bid:  $2,863,150
Assessed value:  unknown
TS no. 431967-CA

Address:  1614 Galaxy Drive
Auction Date:  2-7-2011
Time:  10 AM 
Location:  701 Civic Center Dr. West
Trustee:  California Reconveyance
Published Bid:  $2,373,118
Assessed value: $2,488,543
TS no. 732658-CA

Address:  5 Ridgeline
Auction Date:  2-7-2011
Time:  12:00 PM
Location:  700 Civic Center Dr. West, Santa Ana, CA
Trustee:  California Reconveyance
Published Bid:  $5,548,542
Assessed value: $6,479,199
TS no. 438073-CA

See Newport Beach preforeclosure and bank owned homes - click here for active link

If you want a list of all Newport Beach homes now scheduled for trustee auctions, contact us - click here- or email ExploreProperties@gmail.com with your request, including name and email address.

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This is for information only and not providing of legal or tax services.  If you want to sell your foreclosure home now or buy a foreclosure, you should consult with a local and experienced REALTOR to help you.

For seller and buyer opportunities for homes and real estate at Orange County, California, Newport BeachIrvineLaguna BeachCorona del MarNewport CoastHuntington Beach, or Costa Mesa, please contact us.  

Harrison K. Long - solutions for real estate and business - REALTOR® and broker associate, Coldwell Banker Residential Brokerage - 949-854-7747 (phone) - ExploreProperties@gmail.com (email) - CA DRE 01410855 - SFR short sale and foreclosure resource certified by the National Association of REALTORs®.

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Please contact us about listing and selling of homes and properties at Newport Beach and Orange County, California.  

Posted via email from Explore OC Homes

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