Free California foreclosure Listings has the largest lists of almost all of the property foreclosure from high end commercial properties to family homes. Enlistment of all available auctioned foreclosed property information is for public viewing. All aspiring investors will have a mean to access, view and gather information any time they want with less effort and time. With all the lists of properties available, buyer can scrutinize the property before he or she would finalize decision whether to buy a certain property or not.
It is very skeptical to buyers to find themselves in a situation where they are having difficulty finding information regarding the property they want to purchase. For owners, it is also very remarkable to find themselves in a situation where they are having hard time finding finances to pay their mortgage. Good thing there is what we call pre foreclosure short sale where both parties can benefit.
Pre foreclosure short sale is a way to manage losses. The property is listed for sale and the price is just near the market value of one’s property. For owners this deal is quite an advantage, because the owner will not have to be bothered with credits anymore. For buyer, this deal is also outstanding because he will not have to do much work associated with foreclosure and the cost that lies on it. All he has to do is pay the outstanding balance and bit of paperwork.
A short sale is a sale of real estate. This happens when the owner or the borrower is not anymore capable of paying the balance mortgage. When the borrower cannot pay the dues the lender would resort to selling the property to avoid pressure to the debtor. In this process the lender will accept pre foreclosure short sale offer even if a Notice of default is not yet issued or the property is not yet listed in the locality. This first step is made by the lender to recover the loss and to save the property recorded in the free foreclosure listings in California.