St. Joseph County Foreclosures 1/15/09

Today, Thursday January 15, 2009, there were 50 homes originally scheduled to be taken back at sheriff's auction. Of those 50, 11 were able to stop the sale of their home leaving 39 that actually went back to the bank. Of those 39, 7 of them owed less than $50,000 and 3 owed more than $200,000. South Bend, once again, led the way with 32 homes taken back by the banks. Granger had 3, Osceola had 2 and Mishawaka and North Liberty had 1 each. Of the 7 below $50,000, 1 was in North Liberty the other 6 were in South Bend. Of the 3 above $200,000, 2 were from Granger and 1 was from South Bend.