Foreclosure in 92027>Question Details

Annamarie, Home Buyer in Escondido, CA

is there a foreclosure moratorium inescondido ca?

Asked by Annamarie, Escondido, CA Wed Apr 29, 2009

when will it be lifted?

Help the community by answering this question:



It's looking more and more like it will be all about Short Sales in the coming months. Get your financing ready, and be prepared to act when you see the right house.
0 votes Thank Flag Link Sun May 2, 2010
Moratoriums are nationwide; so it is not just Escondido that has experienced more short sales and less REO's. We do anticipate more foreclosures coming on the market this 3 and 4th quarter. Keep your eyes on the marketplace and you will see them soon.
0 votes Thank Flag Link Sat Jun 27, 2009
Hi Annamarie,

The foreclosure moratoriums are national by specific lenders. Of the top 10 mortgage holders, only 4 have lifted their moratoriums and the properties will start coming on the market sometime in the next 60 days.

Let us know if you have any other questions.

Best regards,

Mark and Kari Shea
San Diego Real Estate Experts
Foreclosure, Short Sale & Investment Specialists,
Development Opportunities & Traditional Real Estate
0 votes Thank Flag Link Wed Apr 29, 2009
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