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California Foreclosure Timeline.Foreclosures remain occurring all over Ca.

California Foreclosure Timeline.Foreclosures remain occurring all over Ca.

The final amount of foreclosures ended up being down 15% in 2016 through the 12 months before, but that still amounted to a lot more than 78,000 foreclosed houses. A year earlier about 3.6% of mortgage loans in the state were underwater in the second quarter of 2017, down from 5.2.

Despite all of that, property owners across Ca will always be struggling in order to make re payments and dreading the news headlines that the lender has chose to foreclose.