San Diego county real estate market continued to be strong with record number of home sales last month. There was also an increase in inventory in both new and resale homes giving homebuyers more choice. So if you are looking for California, homes for sale in the San Diego county real estate market area and would either like to upgrade to new property or are a new comer to the housing market time may be just right for you to make a move and buy your dream home.

That source of information on San Diego foreclosure properties is your county recorder. Virtually all documents regarding real estate transactions are recorded and filed by the county recorder/Court recorder. As the documents are in public domain you can access and search those documents. Most properties in San Diego mortgage default can be identified by the initial foreclosure document, which in most States will either be a Notice of Default or a Lis Pendens. A Notice of Default, or NOD, is used in non-judicial states, while the Lis Pendens is used in judicial states. Remember that just because NOD or Lis Pendens has been filed does not mean that the San Diego foreclosure properties will go for sale!

When payments aren’t being made on a San Diego mortgage secured by real estate, lenders will often initiate default proceedings when the third payment is missed. The owner still has possession and the right to sell or refinance the real estate; these properties will usually be called a pre-foreclosure property by many investors. Since lenders cannot release information about their distressed loans due to privacy concerns, and homeowners often do not want to publicize their situation, you need an alternate way to find these San Diego foreclosure properties, along with owner contact information.