Orange County Foreclosure Defense Attorney
According to an article in the Orange County Register, the California non-current mortgage rate fell by 13% from 2014 to 3.8% in 2015. This improvement can be attributed to the improving economy and the real estate market recovery.
Nevertheless, in 2015, our state had 38,000 foreclosures ready to sell, the fourth highest inventory in the nation. California is the state hit the hardest by the Great Recession mortgage meltdown, with approximately 1.2 million homes lost since 2007.
RealtyTrac reports foreclosure rates in Orange County at 1 in every 1,660 homes as of November 2016. Of the active foreclosure homes in Orange County, 44% are in pre-foreclosure, 32.6% are at auction, and 23.4% are bank owned. The Orange County communities with the highest foreclosure rates are:
- Silverado – 1 in 479
- Ladera Ranch – 1 in 535
- Foothill Ranch – 1 in 823
- Villa Park – 1 in 970
- Yorba Linda – 1 in 1,117
If you and your family need help to stop foreclosure in Orange County, it is in your best interests to seek experienced legal help right away. At RA & Associates, we have focused our practice on foreclosure defense, real estate, property damage, and cases of personal injury. We believe that our narrow focus and extensive experience serves our clients best. When we represent you in a foreclosure defense matter, our attorneys bring all their knowledge and skills to the table to help you stop the sale of your home, or to protect your rights in cases of wrongful foreclosure.