[caption id="" align="aligncenter" width="497"] Foreclosure Time Frames - Sacramento County, CA -or- Time To Foreclose In Sacramento County. This Chart Answers The Question "How Long Can I Stay In My Home If I Do Foreclosure?"[/caption] Time to Foreclose in Sacramento County; This Chart shows Three Graphs: Time to foreclose: The average number of days between the filing of the California Notice of Default - the beginning of the California foreclosure Process) and the final sale at auction in Sacramento County. Time to Resell—The average number of days between the final sale at auction and when the property was resold by the bank or 3rd party. (This amount of time has been steadily increasing for the banks, as more and more foreclosed properties are...
[caption id="attachment_5199" align="aligncenter" width="500" caption="Foreclosure Options"][/caption] As a Sacramento Short Sale Specialist, I am constantly being asked about the benefits of a short sale... Strategic short sale or strategic foreclosure? These are personal questions, and ones only you can answer for yourself. But before you do, consider this: The 'hit' to your credit is not only going to be from the foreclosure event, it will also be much more affected by the amount of time you miss payments. Here in the Sacramento area, one of the top foreclosure areas in California, "strategic Foreclosure", which it has been termed, is when a homeowner makes the conscious decision to let go of his ties to the home, quits paying and ...
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