Fresno Foreclosure Update for February 15th

According to www.foreclosureradar.com there are 6068 homes in some stage of foreclosure in Fresno County, California as of 02/15/2011.

In Fresno with a population of almost 500,000 people there are 3849 single family homes in some stage of foreclosure.  There are 914 homes that have been foreclosed in Fresno and are now owned by the bank waiting to be sold to new home owners.  There are 1569 Fresno homes with court house auction dates set and an additional 1366 homes in Fresno where a notice of default has been filed with auction dates still to be set.

As of today there are 159 bank owned homes in Clovis CA, 352 with auction dates set to foreclose and 298 with a notice of default filed with auction dates still to be set.

As of today there are 1187 homes in Madera County in some stage of foreclosure and Sanger Ca has a total of 254 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, as you will be unable to finance.  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