
No, not THAT kind of salt … the OTHER kind of salt. Whether we’re talking table salt or cryptography, too much salt is bad for you. But in the right amounts, it’s vital to a successful life.
That’s why I wanted to share a few insights with you:
- Most reports of foreclosure activity report defaults on LOANS, not properties. That means that a Moreno Valley house with a mortgage and a line of credit is reported as TWO foreclosures.
- A single property can generate a Notice of Default, several Notices of Trustees Sale, and foreclosure notices. Again, this skews the numbers.
- The only way to see EVERY bank owned property for sale in Moreno Valley is to manually search the database of homes (MLS) because there is no single way to identify them.
- This mess is far from over.