California Distress Sales

Did you know that California distressed properties are selling for 38 percent less than other home in the area this year, now that is a great savings. This great savings on distressed properties is according to RealtyTrac a foreclosure tracker. The 38 percent is an average but that is a substantial savings for your buyers. This is a real statistic. It compared the homes that were equity sales vs the distressed properties and the average savings is 38 percent.


California was number one with the highest number of distressed property sales at 59,823 in the first quarter. While only 4th in year over year distressed sales.

Looks like California is the place to buy. If you need help purchasing or selling your home call me.

Tim Lorenz

Instant MLS Listings & Free Market Analysis

"We have actually closed many short sales!"

http://www.markandtim.com/

949-282-2521

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