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Archive for March 23rd, 2010

23
Mar

Home Foreclosure Reality

home foreclosures

home foreclosures

ForeclosureRadar says it now takes an average of 229 days for a bank to foreclose on a home in California after sending a notice of default, up from 146 days in August 2008.

RealtyTrac notes that the number of loans in which the borrower hasn’t made a payment in 90 days or more but is not in foreclosure is at 5.1% nationally, a record high. Read more »