Listed below is all of the foreclosure data compiled by our "Find and Fund" Foreclosure system in just last week along (July 27th - July 31st) in three counties (Los Angeles, Orange, and Riverside).

There were 870 cancelled, short sale, or loan modifications completed in the three (3) counties listed above. There were 1053 properties which had no bidders at the final Trustee's Auction Sales.

As a result, these same 1053 properties reverted back to their respective foreclosing bank as an REO (Real Estate Owned). These same properties will most likely be listed with real estate agents at or near current market value prices.

289 properties were sold to third (3rd) party bidders or investors last week in those same three (3) counties. The average discounted purchase price paid (according to our detailed and up to date "Find and Fund" Foreclosure System) was 30% below the most current, conservative market value.

The combined market value of these 289 properties purchased was approximately $81.5 million dollars. The combined estimated purchase price of these same 289 properties was $57.1 million (a $24.4 million dollar price discount).

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