There are currently 11,750 properties in SD County on the trustee-sale list. Are you wondering if the pipeline is being closely managed? Here are the numbers of foreclosed properties for January:
2008 – 1,621
2009 – 1,133
2010 – 1,285
2011 – 1,111 with one day to go
But the quality seems to be improving, here are a couple more that were recently foreclosed:
Nice home and great value at 6931 Amber Lane. It would be almost impossible to find that huge of a view in a new home with what appears to be a 4-car garage!
There were two negatives which seem small in comparison to the view and price. The school district (scores aren’t really lower) and also it appeared to be a “T intersection.”
If the home were available with traditional financing instead of all cash at the auction, it would cause me take a serious look at it.