Bank owned homes in San Diego are still occoupied more than one year after foreclosure!
San Diego realtor Schahrzad Berkland shows occupied REO's in Scripps Ranch that became REOs in May 2008 and October 2008.
The first home is an REO since October 2008 (14 months) and is vacant, with the asset management company sign in the video.
The second and third homes are most likely still occupied by the former owners. I interviewed several Poway homeowners (off camera) in this situation: the homeowner was living in the REO at 16 - 18 months after the trustee sale.
Link to this comment:
All Comments (1)