Finding and Buying Government Tax Foreclosures in Sacramento- By: John Cutts
Finding government tax foreclosures in Sacramento is easier when using reliable foreclosure listings. Information on the foreclosed properties is more detailed and helpful and photos of the homes are included.
Additionally, the overall number of distressed homes for buyers has spiked in April. Sacramento pre foreclosures and auction sales have increased in April, with the number of houses repossessed or sold through public auctions rising to a total of 1,267, a sharp jump of 44 percent from 877 in April last year and an increase of 20.8 percent from 1,049 in March.
People who are also planning to buy foreclosures for sale in nearby areas will have plenty of properties to explore as total auction sales and repossessions in the 4-county Sacramento area jumped up in April to a total of 1,757 homes, a sharp increase of 46 percent from the 1,202 homes sold or repossessed through auctions in April last year.
All these lender-repossessed homes and government tax foreclosures in Sacramento can be found in reliable foreclosure listings, as providers of these listings pay people to scour various documents and sources to be able to update their listings.
Similarly, the number of California pre foreclosures is still high despite the slowdown in foreclosure filings in the state in April. A total of 52,793 default notices, lis pendens and trustee sale notices were filed in April, accounting for 75.7 percent of all foreclosure filings during the month.
If these distressed homes are not rescued through the Home Affordable Modification Program or the Home Affordable Foreclosure Alternatives Program, many of them will eventually be taken back by the banks for resale.
In the counties of Sacramento, Amador, El Dorado, Placer, Nevada, Yuba, Sutter and Yolo, more than 3,200 homes were sold in April. Their price ranged between $200,000 and $400,000. The price median in Sacramento County was $175,000.
For government tax foreclosures in Sacramento, prospective buyers can visit reliable foreclosure listings as these assets are offered at attractive discounts.
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