Tag Archives: california foreclosures

Buying Foreclosures: Risks and Rewards

Foreclosure sales and auctions are making investors loads of money right now, but dropping hundreds of thousands of dollars on property – often sight unseen comes with its fair share of risks and just as often surprise rewards. The Orange … Continue reading

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California foreclosures sell at steep discounts

Though foreclosure related sales were down 42% in California in 2010 versus 2009, sales still continued at a steep discount. 44% of all home sales in California in 2010 were foreclosure related The average selling price of a California foreclosure … Continue reading

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Bay Area Foreclosure Auction Conspiracy

Reports are coming in that the FBI is investigating a Bay Area foreclosure auction conspiracy that involves bidders colluding to keep prices artificially low on foreclosed homes sold at auction. The FBI will only confirm that they’ve “conducted enforcement actions … Continue reading

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California kicks off foreclosure prevention program

California has kicked off a new foreclosure prevention program this week with the California Housing Finance Agency currently taking applications through a toll-free hotline.  In just the first two days of the program, the agency has already fielded 1200 calls. … Continue reading

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