Under new law, foreclosure notices plummet in Inland counties

By LESLIE BERKMANThe Press-Enterprise

The number of households notified that their homes are headed to foreclosure declined sharply from August to September across the Inland region and statewide, the effect of a new state law requiring mortgage servicers and lenders to give homeowners 30 days to try to fix their troubled loans.

Read more here

This is it! ALL Bank Owned (REO) and Foreclosure Properties listed within the last 5 days!

Okay, this is the link you want to click on if you want to see ALL of the BANK OWNED (REO) properties that were Listed (or relisted) in the PAST 5 DAYS!

Click on the link below!

The LASTEST REO'S TO HIT THE MARKET!


It doesn't matter when you click on this link, or if you come back often and continue to click on ONLY THIS LINK, it will still only show you the REO property that was listed within the past 5 days. Click on it today, get the property that was listed in the last 5 days. Click on it next week, and you will get ONLY the property that was listed in the previous 5 days (from the time you click on it). It is constantly updating BY THE MINUTE!

Visit this link often, and you will see not only the REO properties that were listed up to 5 days ago, but the ones that were listed UP UNTIL THE TIME YOU CLICK ON IT. The ones that are listed today!

Remember, you can come back at ANY time and click on ANY of the links to the right of the screen (under REO LINKS) and be immediately redirected to the most UP TO DATE REO and Bank Owned (Foreclosure) listings on the market!

One of the things you may want to watch, and it's one of the things I've noticed recently, is that there are not as many REO and Bank Owned properties coming on the market as there used to be. Today (as I write this), the last 5 days of listings (in the Temecula, Murrieta, Canyon Lake, Winchester, Wildomar, Menifee and surrounding areas) total 85, new REO and Bank Owned listings. That means that there are 85 NEW LISTINGS (not including all of the ones that have already been listed and are still Active) on the market within the past 5 days. What will it say when you check back? More than 85? Less than 85? This is a good indicator of whether or not the Bank Owned (REO, Foreclosures) are starting to 'dry' up.

Update: Just checked again and the last 5 days of REO's only total 72... hmmm.

Keep watching!

Again, the link below takes you to ONLY the newest REO and Bank Owned (Foreclosure) listings that have come on the market in the past 5 days. If you'd like to see ALL of the REO searches in a particular area, visit the REO LINKS to the right of your screen (somewhere under my photo and status).

The LASTEST REO'S TO HIT THE MARKET!

This site has the most up to date REO listings!

Do you want access to the most up to date REO (Bank Owned and Foreclosure) listings? Click on any of the REO LINKS to the right of your screen and just below the 'subscribe' link (or scroll down to each blog for the description), and immediately be redirected to the most up to date REO's listed. These links are current, with the data changing the minute you click on the link! Check back often as properties are added throughout the day!

Visit this site often for ALL of your REO, Bank Owned and Foreclosure properties! The best deals in Southern California, specializing in Temecula, Murrieta, Canyon Lake, La Cresta, Wildomar, Menifee, French Valley and the surrounding areas!

Search for REO, Bank Owned and Foreclosure Properties! Check out this FREE website!

Because I am a certified REO agent who specializes in Bank Owned properties, I have access to one of the best Home Searching sites around! And you can have that access too, for free!




Once logged in you can do many searches. One of my favorites is a search by Map:

If you'd like to find out what properties have recently sold in the same area, it's as easy as clicking on the icon, and deciding how far back you'd like to go (1 month, 2 months, etc):



And there is so much more! If you add the properties to your Online Notebook, the system will track each one for changes (price, status, more photos, etc). You can have email alerts sent to you to notify you of changes, or simply log in and see the changes right there in your Notebook, next to the property!

You can search for REO's, Bank Owned Properties and Foreclosures! Or search for homes being sold by a traditional seller as well.

If you'd like to be added to this incredible Home Search website, please send me an email at:

Christine@FindREOProperty.com

And I will get you set up the same day!

Are we seeing the end of REO's and Bank Owned properties? Will a homeowner 'bail out' bring higher prices soon?

So, if the government is going to 'bail out' homeowners who are in distress and facing foreclosure, does that mean most of our Bank Owned (REO) properties will soon be disappearing, along with the low prices they they bring? Last week there was 85 new Bank Owned properties listed, this week it was 72 in our area....

What's next? Will prices rise, or will we see another onslaught of Foreclosures?

Stand by...

Update: One week later, I just checked and there are only 34 REO properties that have been listed in the past 5 days.... Hmmm.