Fresno Foreclosure Report December 8,2010

According to www.foreclosureradar.com there are 6597 homes in some stage of foreclosure in Fresno County, California as of 12/08/2010.

In Fresno with a population of almost 500,000 people there are 4208 single family homes in some stage of foreclosure.  There are 941 homes that have been foreclosed in Fresno and are now owned by the bank waiting to be sold to new home owners.  There are 1519 Fresno homes with court house auction dates set and an additional 1748 homes in Fresno where a notice of default has been filed with auction dates still to be set.

As of today there are 190 bank owned homes in Clovis CA, 329 with auction dates set to foreclose and 346 with a notice of default filed with auction dates still to be set.

As of today there are 1390 homes in Madera County in some stage of foreclosure and Sanger Ca has a total of 257 homes in some stage of foreclosure.

Additionally there are an estimated additional 2000 to 3000 homes in Fresno County that are behind on payments but the bank has yet to file a notice of default

Trust deed auctions are held every weekday morning on the Fresno County Court House steps.  If interested in buying Fresno homes at the auctions remember to bring 100% of funds needed to purchase.  Buying homes at the trust deed action is not for most buyers as there are added risks associated with the sale.  The safest way to purchase a Fresno foreclosed homes is after the trust deed sale from a licensed Realtor.  For a list of all foreclosed homes in Fresno please visit my web site www.SmartOpenHouse.com