Foreclosed Home Auctions Remain Popular Despite Fewer Foreclosures

August foreclosures have slowed and buyers are finding increased competition for Southern California bank homes on the open market. Lenders are turning to foreclosed home auctions increasingly as a way to drop hundreds of properties from their real estate owned portfolios, without having to respond to buyers’ requests for home improvement. The team at homeauctionexpo.com explains why auctions remain so popular.

Original post by Home Auction Expo


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