Hennepin County publishes its Notices of Default (NODs) Tuesday through Saturday. Yesterday seemed to be a pretty heavy day with 91 Notices of Default published with well over one third of these notices were from Bank of America or Countrywide.
The values for these properties ranged from $86,000 to $2.7 million according to the EMV (Estimated Market Value as provided by Hennepin County).
These homes are all considered pre-foreclosures as they have received the foreclosure notice announcing the date of the Sheriff’s sale. Most of the Sheriff’s sales will be in the next 4-6 weeks.  These properties are also candidates for short sales.
Perhaps these homeowners want to review my post from last night if they wish to delay the Sheriff’s sale.