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California foreclosure homes are available as a result of the previous homeowner's default on their home mortgage loan. In order to settle the debt, the lender will seek to sell the property. These homes usually end up for al at foreclosure auctions, but this is not the only way California foreclosure sales occur. Often, the homeowner will seek to sell their home in the pre-foreclosure stage to avoid a foreclosure auction. You can also buy repo homes and bank foreclosures
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