Foreclosure sales are up on the West Coast, except for Washington

Foreclosure sales on the West Coast started strong for the beginning of 2012, with Washington as the exception, according to ForeclosureRadar.

Arizona, California, Nevada, and Oregon are the other states included in the report – all of which saw increases in foreclosure sales to investors. Trustee sale investors pay the full amount in cash without inspections or title insurance prior to purchase.

This is the fourth largest month on record in California, and the busiest since March of 2011, stated ForeclosureRadar

California also saw a substantial increase (+14.6 percent), and the state underwent the most activity, with investors purchasing 3,964 properties for $766.2 million, according to ForeclosureRadar…

Read the rest of this article from DSNews.com here: “Foreclosure Sales Up for West Coast States Except Washington.”

John A Silva
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John A Silva

John Silva has over 21 years experience in residential real estate. He is a San Diego native, specializing in helping sellers & buyers, with extra experience in: modifications, short sales, and negotiation.
Contact me today for real estate assistance! (619) 890-3648 | Email me
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