Marin County Foreclosure resale information as of September 3, 2008, as recorded on Baries MLS (Information has not been verified, is not guaranteed, and is subject to change):

Marin County Foreclosure Sales in 2003: 1
Marin County Foreclosure Sales in 2004: 8
Marin County Foreclosure Sales in 2005: 1
Marin County Foreclosure Sales in 2006: 3
Marin County Foreclosure Sales in 2007: 13
Marin County Foreclosure Sales in 2008: 193

Marin County Foreclosures currently in contract: 48
Marin County Foreclosures currently on the market: 102

Contact Andy to see why this niche market may have reached an apex already!  The window for investors is wide open, however it may have begun to start slowly closing...

The Marin County foreclosure market has gained market share and driven pricing.  At one time Marin County Foreclosures were practically non-existent (see '03, '05 & '06 above).  As of the summer 2008 properties were going into default and receiving Notices of Trustee Sale at record levels in Marin County.  When owners receive a Notice of Default it begins the foreclosure process.  After 90 days if they haven't cured the default they will receive a Notice of Trustee Sale, advising them the the property will be foreclosed in another 21 days.  At that point if there are no delays in the process the properties go up for an 'all cash' auction at the City Hall steps in San Rafael.  If the properties don't sell at the City Hall steps they go back to the banks.  The banks hire Realtors like Andy Falk to sell their homes.  Andy currently works with Bank of America foreclosures in Marin, Napa and Sonoma Counties.  Andy is also set to begin representing Fannie Mae properties.  Andy's broker, Bradley Real Estate currently works with Countrywide foreclosures, and two of his upcoming REOs are Countrywide properties.

Some people facing foreclosure in Marin County are doing their best to avoid the foreclosure.  Andy has successfully worked with home owners who have modified their loans in order to stay in their homes.  Most of the properties in default however are either on the market now as short sales or will be on the market after the foreclosure as a bank owned property.  To find out more about Marin County foreclosures contact Andy.  Andy has access to Marin County foreclosures that are currently on the market or coming on the market.