This database shows properties in the nine-county Bay Area which recently were sold at a foreclosure auction. The vast majority of foreclosed properties revert to the lender at these auctions, which are held on county courthouse steps every weekday.
The "transaction date" shows the date the auction outcome was recorded with the county recorder's office. Generally that happens within 7 to 14 days of the actual auction. The "last value" shows what the property sold for at the auction. Generally that is the amount owed on the first mortgage (although occasionally it may be the amount owed on the second mortgage) plus fees; sometimes lenders discount the amount owed.
The database will be updated every Monday afternoon with the foreclosed properties recorded in the prior week.
Click here for a Google map of recent Bay Area foreclosure activity or here to see foreclosure data for the third quarter of 2008.
(Source: California REsource. The data are based on information supplied from Bay Area counties' property transaction records, which, in some cases, may not be complete. Neither The Chronicle nor California REsource guarantees the completeness or accuracy of the information.)
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