San Ramon - Danville CA Foreclosures & Bank Owned Properties Update
It’s getting easier to buy forclosures and bank owned properties in Danville and San Ramon CA. With increasing inventories of REOs (bank owned properties), lenders are finally speeding up the processing time to help get this distressed real estate off their books.
Today’s buyer interrested in picking up a foreclosusre or bank owned property does not have to put up with the bidding hassles on the courthouse steps. There is more than enough REO inventory to provide a great selection for buyers looking for real estate deals.
RealtyTrac is showing the following for San Ramon California:
- 182 – Pre-Foreclosure
- 66 – Auction
- 106 – Bank Owned
Here are the figures for Danville, California:
- 89 – Pre-Foreclosure
- 25 – Auction
- 39 – Bank Owned
The best course of action for purchasing foreclosures or bank owned properties in Danville or San Ramon is to contact Paul Mees – 925–963–4246. Paul is leading the effort for our team with REO’s and distressed properties.
We deal with many of the major lending institutions that are carrying inventories of bank owned proeprties like Countrywide Home Loans, Bank of America and Wells Fargo.
May 21st, 2008 at 3:08 pm
[…] We’ve reported on foreclosure activity in San Ramon & Danville, Dublin, and Concord CA. We also noted how investor activity is increasing with foreclosure purchases. And, we have have also been reporting on how lenders are trying to help expedite the purchase of REOs (bank owned properties). […]