Wednesday, February 15, 2012

Shortened Time Frame From Default to Foreclosure at Orange County CA Real Estate

ORANGE COUNTY CA FORECLOSURES

 10,898 Orange County CA properties are in the foreclosure pipeline as of today - February 15, 2012 - after filing of notice of default and prior to trustee auction sale at end of foreclosure.

A recent trend at Orange County Ca real estate is that time from default to foreclosure (average number of days) has been significantly reduced since last year.

California is a non-judicial foreclosure state.  Time to foreclose is the average number of days between the filing of the Notice of Default and the final sale at trustee auction after foreclosure during any specified month.

 

Orange County foreclosure time frame January 2012

 

 

During January last year 2011, it took average of 338 days for lender/lienholders to complete foreclosures at Orange County - that time frame was reduced to 284 days last month January 2012.

 

Irvine CA time frame to foreclosure January 2012

 

At Irvine CA real estate the time frame from default to foreclosure was 416 days last year during January 2011 - that average time was reduced to 223 days this year during January 2012.

If you are interested to see a list of properties in default at any Orange County CA city and now scheduled for trustee sale auctions after foreclosure, contact us here and let us know your name, email address, and city of your interest for this information.  

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Source of information is ForeClosureRadar.com.   

Professional REALTOR® agent representation and help for Orange County CA property owners, private trust estate representatives, estate administrators, executors and heirs, probate and trust attorneys, estate planners, income tax professionals, conservators, public guardians, fiduciaries, investor group managers, bankers, and individuals, with listing and sale of properties at Orange County, CA.

Posted via email from Explore OC Homes

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