Sunday, May 30, 2010

Distressed Sales in Orange County

Even though public auctions for foreclosed properties is increasing the standard sales (equity sales) are more frequently purchased than all of the distressed sales in Orange County. The buyers are not as interested in purchasing the short sale or the foreclosed property. The better deals that are not sold with a lot of damage is the standard sale they close in a shorter amount of time with less unknown. That is why we are seeing more standard sales and less distressed sales in Orange County.

We are expecting more foreclosures and short sales in the coming months of this year. So this statistic may not hold up.




Tim Lorenz
Instant MLS Listings & Free Market Analysis
"We have actually closed many short sales!"


949-282-2521




Tim Lorenz . Over 40 Years Experience Representing South Orange County Home Buyers, Sellers, Investors and Relocations!

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