Umpteen Houses in Agricultural Hub
The foreclosure auctions to be conducted in Oxnard, CA in the coming weeks include an eclectic variety of 1,510 foreclosed homes and houses for sale. These properties carry the median asking tag of $368,640. There are 375 other MLS and FSBO homes also on sale at the Oxnard property auctions, bearing the median listed price of a substantially higher $400,000. This simply underscores the well-known fact that the foreclosed homes are offered at invitingly discounted prices to the aspiring homebuyers. Indeed, buyers are increasingly regarding the foreclosure auctions as their first recourse in their hunt for their dream homes in livable locales. The more influential property brokers active in the city include Arlene Beckwith, Jerry Lopez, Marcelo Prado, Diane Kubiske and Carmen Ortiz.
Oxnard is the biggest city in Ventura County in the US state of California. The city is situated on the western slant of the fertile Oxnard Plain and is reckoned as among the most productive agricultural centers worldwide, and as the world’s capital of lima seed and strawberry. Oxnard is the nucleus city of the Oxnard-Thousand Oaks-Ventura MSA {metropolitan statistical area}. Oxnard plays host to the US Navy bases of NAS Point Mugu and Port Hueneme. The city has developed into a thriving commercial port and distribution hub.
Oxnard’s immediate suburbs include the cities of Ojai, Camarillo, Port Hueneme, Fillmore, Santa Paula, Moorpark, Thousand Oaks, Simi Valley and Ventura. The sundry towns and other communities in the vicinity of Oxnard include El Rio, Bardsdale, Faria Beach, Bell Canyon, La Conchita, Casa Conejo, Lockwood Valley, Casitas Springs, Meiners Oaks, Channel Islands Beach, Piru, Mira Monte, Point Mugu, Mission Oaks, Saticoy, Newbury Park, Somis, Oak Park, Wood Ranch and Oak View. A few National Protected Areas in the proximity of Oxnard are Los Padres National Forest, Angeles National Forest, Santa Monica Mountains National Recreation Area, Channel Islands National Park and Hopper Mountain National Wildlife Refuge.
Various Stages of Foreclosure Auctions
As a prospective buyer of a foreclosed home at the ongoing foreclosure auctions in Oxnard, you can choose from among the various different stages of the auction process to buy your home in. Let me elaborate and clarify. You can purchase a home at the pre-foreclosure stage as well. Reading the local newspaper carefully will enable you to identify homeowners who are getting notices of default from the lenders. If you were to contact such an owner in financial difficulty, the person may well settle for a square offer in order to avoid the lengthy and cumbersome foreclosure procedure altogether. That would be making a smart deal for yourself.
Next, you might bid at the precise foreclosure auctions for homes that appeal to you. There is a third possibility as well. Houses that don’t get sold at the property auctions revert to the lenders. You might contact the lender and seek to buy a home that failed to get auctioned. Even this course can enable you a gorgeous buy on more lucrative terms.
