Here’s a new foreclosure

[Rt.66]

Here’s a new foreclosure resource called RealQuest which is:

• Used by 9 of the top 10 lending institutions
• Updated daily
• County records direct from the source

http://www.realquestinvestor.com/rq/default.aspx#

A search of San Diego, ca (NOT SD county, just SD) shows 10,237 Auctions, Preforeclosures and Bank Owned properties.

Note this list does not have the “Resale/MLS” numbers like RTrac which equals 1494 homes. So, let’s subtract the 1494 “Resale/MLS” number from RTrac’s number of 14696 and we get 13,202. RTrac shows 13,202 RealQuest shows 10,237. Not too far apart and now we have a consensus.

Let’s meet in the middle and call it 11,719 distressed mortgages in SD alone.

Holly Cow batman I thought “The worst has come and gone already”? It’s a great time to Buy!!!