Category Archives: Distressed properties

Foreclosure filings in California have fallen to lows not seen since fall 2008.

Posted on May 17, 2011 by Bob Phillips

Here are some details from an article just posted by ForeclosureRadar.com: Foreclosure activity slowed in April. Foreclosure filings were down in Arizona, California, Nevada and Washington, with Oregon being the sole exception where filings were up. California filings were down … Continue reading →

Posted in California, California real estate, Distressed properties, Foreclosures, Orange County California, South Orange County California | Comments Off

Mortgage Delinquency Rate to Fall 20 Percent in 2011?

Posted on December 8, 2010 by Bob Phillips

The mortgage delinquency rate (the ratio of borrowers 60 or more days behind on mortgage payments) is expected to fall nearly 20 percent by the end of 2011 to 4.98 percent, according to TransUnion. Continue reading →

Posted in California real estate, Coto de Caza real estate, Distressed properties, Foreclosures, Household Finances, Orange County California, South Orange County California | Comments Off

Industry Completes 1.5M+ Loan Mods in 1st 10 Months of 2010

Posted on December 8, 2010 by Bob Phillips

Far more homeowners are receiving workout solutions — including loan modifications — than are going to foreclosure sale each month Continue reading →

Posted in California real estate, Coto de Caza real estate, Distressed properties, Loan modifications, Orange County California real estate, South Orange County California | Comments Off

Fewer California mortgages are in default

Posted on August 26, 2010 by Bob Phillips

Fewer California mortgages are in default Continue reading →

Posted in Bob Phillips, California real estate, Coto de Caza real estate, Distressed properties, Orange County California, Orange County California real estate, South Orange County California | Comments Off

New Bank of America Short Sale Test Program

Posted on August 18, 2010 by Bob Phillips

New Bank of America Short Sale Test Program Continue reading →

Posted in Bob Phillips, California real estate, Coto de Caza real estate, Distressed properties, South Orange County California | Comments Off

How Big Is The Foreclosure Market? It Depends On Where You Live, Of Course.

Posted on August 12, 2010 by Bob Phillips

Foreclosure filings rose 4 percent nationwide last month versus June, according to foreclosure-tracking firm RealtyTrac.com. For the 17th straight month, total filings topped 300,000. 6 states dominated activity levels. Continue reading →