Murrieta, California is one of the areas hard hit by the housing crisis. Many people are losing their homes and lenders are losing large sums of money. Lenders lose an average of about $58,000 when they foreclose on a property and we all know lenders are not in the business of losing money. This presents an opportunity for a home owner to modify their mortgage and stay in their home or for an investor to buy the property in the pre foreclosure process.
See the original post: Murrieta Foreclosures
