Saturday, February 28, 2009

St Joseph County Foreclosures WE 2/28

This week in St. Joseph County there were 59 properties scheduled for the Sheriff's Sale. The last count that I had, 52 actually went to the sale as 7 were cancelled. All 7 of the cancelled were from South Bend. Out of the 52 that I showed that still went to the Sheriff's Sale, 38 were from South Bend, 7 were from Mishawaka, 5 were from Osceola and 2 from Granger. Only 2 properties had more than $200,000 owed on them, one was in Granger and the other was a business located in South Bend that really did not have to get to this point but the bank would not work with the business--it's a shame when banks do not work with people. There were 6 properties that owed less than $50,000 on them, all of those were from South Bend.

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