Friday, March 21, 2008

Foreclosure-driven Reassessments, Squatters & Auctions: America's New Real Estate Market

March 21, 2008

California has been particularly hard hit by the real estate crisis. Local governments are hard-pressed to keep up with the reassessment process. Some don’t even have the staff to reassess property in a timely fashion. In an interview, one county official told a California newspaper reporter that the job was humongous, and was beyond the ability of local governments to complete in a timely fashion with current staffing.

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Now is the perfect time to consult a California agent and invest in foreclosed homes in California.

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