Five Rancho Santa Margarita homes in judicial foreclosure are scheduled to hit the auction block this week.
3 Vista Sierra x in Vista La Cuesta. Auction Date: 01/23/2008. This property does not show as currently listed on SoCal MLS. The seller purchased the property in December of 2005 for $525,000.
7 Via Amor in California Tesoro. Auction Date: 01/23/2008. This property shows as currently listed in Backup Status on the SoCal MLS as of today.
27 Calle Fortuna in California Tesoro. Auction Date: 01/23/2008. This property is not currently listed on SoCal MLS
5 Paseo Dalia is a Castile home in Central RSM. Auction Date: 01/24/2008. The seller purchased this property in June of 2005 for $598,000.
11 Bayleaf x is a Vista Colina (Model C) in Vista Ladera. Auction Date: 01/24/2008. The seller purchased the property in November of 2005 for $659,900. It is currently listed on SoCal MLS as a short sale with a value range of $515,000 - $550,000.
A judicial foreclosure occurs when a lender files a suit against a borrower with the goal of obtaining a court ordered foreclosure, while at the same time seeking the right to receive a deficiency judgment. Buyer beware! It is important to note that in some cases a seller may have the right to redeem the property for a period of up to one year.
For additional information on these or other properties please feel free to contact me.

**The above information is compiled from numerous sources and no representation is made as to it’s accuracy.
Technorati Tags: bayleaf, california tesoro, calle fortuna, castile, foreclosure list, home auctions, judicial foreclosure, paseo dalia, rancho santa margarita, rsm, rsm central, short sale, short sales, via amor, vista colina, vista la cuesta, vista ladera, vista sierraPopularity: 17% [?]

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1 Hyitzhak » Five Rancho Santa Margarita Homes Hit the Auction Block this Week // Jan 22, 2008 at 5:38 am
[…] Original post by Kelly Kilpatrick […]
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