The updated Ventura County foreclosure stats for July are in and the chart can be previewed by clicking here. You can also preview the quarterly chart ending with June ’10 going back quarterly since 2005.

The first stage of foreclosure is the Notice of Default where the borrower has 3 months to bring any back payments current. For July, the number of defaults is holding steady at about 500 for the month.

The second stage is the Notice of Trustee Sales when a sale date is set. The number of NTSs for July is down from the spike in June to the mid-500s.

The third stage is the Trustee Deeds where the property has gone back to the bank or investor bought. The number for July is on a slight downward trend in the low 200s.