Where to Find California Foreclosure Auction Listings

icon2 Foreclosure Auctions | icon4 09 3rd, 2009

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Today there are more people facing a foreclosure on their home. Most of the time this isn’t because they don’t want to pay their mortgage, but because they can’t pay it in the event of a lay off from their job. The good thing is that they properties are not in bad shape and can be easily bought by an investor, or family looking for a decent home. There are several places you can turn to find California foreclosure auction listings.

1. Check the local County Clerk’s office.

The information located in this office is available to anyone. If a home is going through the process of foreclosure the paper work will be filed here. Look for a Notice of Default, or for a Notice of a Sale. This will tell you everything about the home and the address. Whichever county you live in California, check out their public records office. It doesn’t cost anything and you might even get to see newly listed homes that real estate agents, or savvy investors haven’t heard about yet.

2. Watch The Local Newspaper.

In the event of a foreclosure in California, the lenders will issue an advertisement that notifies of the pending sale of a foreclosed home. This is part of the built in foreclosure agreement in the deed. Check your paper for these notices, they are usually in the Public Notice section of the paper, and then find out more information. You will have to wait for the auction to bid on it, but you can take a look at the home.

3. Check With An Asset Manager

You can easily find California foreclosure auction listings through an asset manager. These companies work with lenders to help manage the homes that are now foreclosed and are being auctioned. Their main job is to help lenders dispose of assets that are on their books and get their money out of them.

4. Go online.

Probably the easiest way to find foreclosure auction is to go online and check out the listing services. Unlike the other methods these listing services are not free. They do charge a fee to see their database of foreclosure auction listings. They do offer a trial offer, which is recommended, but if you are going to be using this service for any length of time, it is better to pay the fee for access to the database.

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2 Responses

  1. Ohio Repossessed Houses- Get your Home at Reasonable Rates | Mega Repo Auctions Says:

    [...] Ohio most of the foreclosed property is bank-owned as when the foreclosure happen the bidding price is less than the due loan amount so the bank repossess the property and [...]

  2. Arizona Bank repo auctions | Mega Repo Auctions Says:

    [...] divorce, unemployment, credit crunch, interest rate hike and death of the borrower. The bank uses foreclosure as a means to close the loan and sells the property in auction. The Arizona Bank repo auctions are [...]

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