Garden Grove Foreclosure Update - Auction - Pre-foreclosure - REO
By Adam Brett, The Adam and Eric Group, Fullerton's Finest
(The Adam and Eric Group)
Buyers in Garden Grove, this is your opportunity to take advantage of the high rate of foreclosures in Orange County! In the coming months, foreclosures are going to dominate every market in Orange County, and affect housing values in every neighborhood. Throughout the county, there are currently 5954 bank-owned properties, with another 3801 up for auction and 8723 in a state of pre-foreclosure. In Garden Grove alone, there are 574 pre-foreclosures, 254 auctions, and 402 REOs, meaning the number of foreclosed properties is only going to increase over the course of this year. What does this mean for you? The high number of foreclosures means a large inventory of properties that banks are eager to sell. In Garden Grove, the amount of time it will take to sell this abundance of inventory ...
Comments
0