Tags: bubble  crisis  estate  foreclosure  housing  investing  meltdown  mortgage  real  
Channel: News & Politics
Uploaded: December 31, 1969 at 6:59 pm
Author: OCForeclosures
Length: 04:17
Rating: N/A
Views: 367
Bank owned foreclosure properties sales are bringing positive cashflow back to Southern California. In March alone 178 - 3 bedroom +, 2 bathroom + single family detached homes closed escrow (sold)! And when you count the number of cashflow condos, the number is much higher. This is one of the reasons why sales picked up in March. The lenders are finally getting around to reselling their inventory on terms that would be attractive to investors. And if you watch the previous video on this series (Lender Discounts on OC California Foreclosures-3/ 1 to 3/31), you will see just how motivated they are not to own vacant properties. As always for more information about the foreclosure situation in Southern California or to get a foreclosure list for your area, please contact us through our website. www.mysocal-realestate.com