Central Coast Foreclosures at Record High, Interest in Foreclosure Investing Growing
The opportunities for foreclosure investing in California’s Central Coast may never be better than they are right now, according to new reports that foreclosures in the area have reached an all time high after February’s statistics are in. New figures show that over 2% of all homes in the area are currently in foreclosure proceedings, a height that the state of California has never before seen. In addition, more than 6% of all homeowners are currently behind on their payments, indicating that the figure for foreclosures may still be climbing.
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