San Diego County Homes Notice of Defaults
The following table shows how many notices of default were sent out in San Diego County by month, 2009 vs 2010. A notice of default is the official notice the lender gives the San Diego home owner letting them know they may be taking the home back. After the notice of default, it is 120 days until the bank can officially foreclose. Looking at the table below you can see that the number of notices of default are down considerably in 2010.
San Diego County Homes Foreclosures
San Diego County home foreclosures are the actual number of homes the bank took back through the foreclosure process. These numbers have increased considerably since 2009. This basically indicates that the banks have been slow to approve the short sales and have just chosen to take more and more homes back through the foreclosure process.
To find San Diego North County foreclosures see Gary’s Free Foreclosure Search. This also shows homes that have notices of default filed. Information is provided by Foreclosure Radar. For more information about San Diego North County real estate or to buy or sell a San Diego North County home, contact Gary Harmon, your North County Realtor.
