Los Banos, CA Real Estate News

By Gary Frimann, CRS, GRI, SRES, REALTOR and Broker
(Eagle Ridge Realty / Signature Homes & Estates)
Foreclosures in Los Banos seem to be on the wane. This area was hit hard by the foreclosure crisis, and the actuality of actually buying a home at auction at a greatly reduced price seems to have faded a bit over the past year. There are, however, some great bargains to be had and rented out if you are an investor if you can buy a bank-owned property. Los Banos,CA - Foreclosure Filings Foreclosure Filings—Notice of Default filings are the first step in the foreclosure process. Notice of Trustee Sale filings set the date and time of an auction, and serve as the homeowner's final notice before sale. Los Banos,CA - Foreclosure Outcomes Foreclosure Outcomes—After the filing of a Notice of Trustee Sale, there are only three possible outcomes. First, the sale can be Cancelled for reasons that...
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