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by Jace Stolfo
on Thursday, December 4th, 2008 at 6:10pm.
The first step for a lender starting the foreclosure process is when a "notice of default" (NOD) is recorded with the county. A local company, Idaho Data Providers, tracks foreclosure filings and reported NOD's in November were down about 30% compared to October (221 compared to 315).
Ada County is comprised of Boise, Meridian, Kuna, Star, and Eagle Idaho. Canyon County notice of defaults also decreased.
Before homes go to the foreclosure auction, they are known as "pre-foreclosures." Many of the short sales you see are in the pre-foreclosure stage. You can browse the Boise short sales here. Also check out the Meridian short sales and Eagle short sales real estate links. Be sure to sign up for email alerts!