San Diego County Notice of Defaults and foreclosure

Below are some houses and condos that have been served notice of defaults (NODs). A notice of default is served to formally commence the pre-foreclosure period. With San Diego real estate prices being substantially higher than the national average, San Diegans look for a way to get a good value by way of purchasing pre-foreclosure or bank-owned properties. Another option for value-conscience condo and house buyers may also be short-sale properties. Short sales are properties that are being sold for less than the owners owe the lenders for them. Hence, the term “short” in short-sale. Though short sales can be bargains, prices are subject to lender-approval. Currently, home buyers can search on San Diego Houserebate’s website for short-sale properties.