Home › Forums › Housing › The banks do not have a choice. › From RealtyTrac: 92103 (my
From RealtyTrac:
92103 (my zip code)
Pre-foreclosure 442
Auction 157
Bank-Owned 358
Temecula
Pre-foreclosure 643
Auction 212
Bank-Owned 676
I’ll admit I don’t understand the intricacies of the repo process. I would *think* that since the auction numbers are trailing the bank-owned numbers that something is slowing the process down. Maybe its just how these things work.