Trustee Auctions After Foreclosure at Newport Beach CA Real Estate

Newport Beach CA has investors who want to buy foreclosure homes and properties – at both trustee auction sales after non-judicial foreclosures – and when properties are listed again as REOs on the MLS.

Number of Newport Beach properties in foreclosure has declined this past year, and qualified investor buyers are waiting for them to clear the process and be available for purchase.

Newport Beach foreclosure inventories

 

Newport Beach CA has 48 properties now scheduled for such trustee sale auctions after non-judicial foreclosure.

Some of these auctions after non-judicial foreclosure are expected to be postponed while lenders make sure they have their paperwork in order to satisfy California law.

Although some of these properties are homes where people have tried to make payments, others are with no payments to lenders being made. Lenders are waiting to complete the foreclosure process – while some properties are being listed as SHORT SALES by owners who want to avoid foreclosure.

If you are a Newport Beach property owner and underwater on your loans and liens, you should consider trying short sale and avoid foreclosure.

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Source of information is ForeclosureRadar.com – This is for information only and is not the providing of legal or tax services. For questions about your own foreclosure property or legal situation, contact an experienced real estate attorney.

People ask us about listing and sale of Newport Beach CA homes and real estate. ~ Professional REALTOR® agent representation and help for property owners, home sellers, private trust estate representatives, estate administrators, executors and heirs, probate and trust attorneys, estate planners, income tax professionals, public guardians, fiduciaries, investor group managers, bankers, and individuals, with listing and sale of properties at Orange County, CA.

About Harrison K. Long

Professional real estate representative, real estate broker, GRI, Broker associate, HomeSmart Evergreen Realty, Orange County, California - CALBRE #01410855. Helping property owners, estate trustees, executors , administrators, fiduciaries, bankers, investor group managers, with listing and sale of properties - and people with their best decisions about real estate. Honored as "REALTOR® of the Year 2016" by the Orange County Associations of REALTORs®. Prior service on its board of directors for 2012-2014). California Association of Realtors, now serving on its board of directors. National Association of Realtors, member. Attorney member of the California State Bar Association #69137 - Contact by cell or text at 949-701-2515.
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