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15 Articles match "2008","Auctions","Bid"
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The Latest from RealtyTrac
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July Foreclosure Report
Bank Repossessions (REOs) accounted for 28 percent of all activity during the month, while defaults accounted for 41 percent and auction notices accounted for 31 percent. That is in contrast to REOs accounting for just 16 percent of all activity in July 2007, while defaults in July 2007 were still at 41 percent and auction notices were at 43 percent. This shift in percentages shows that a higher proportion U.S. foreclosure activity in July increased 8 percent from the previous month and 55 percent from July 2007, according to the RealtyTrac Foreclosure Market Report released today.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
Beginner investors wise to avoid auctions
A recent New York Times article about foreclosure auctions reminded me why none of the experienced foreclosure investors Ive talked to recommend foreclosure auctions for people just getting started in real estate investing: "Yet while there is a tantalizing possibility of getting a deal, people who are intimately familiar with foreclosure auctions in New York — lawyers, mortgage bankers, brokers and former auction regulars — advise steering clear of them. Success is not impossible, but to even set foot in the ring you must put in hours of due diligence and overcome myriad obstacles,
www.foreclosurepulse.com
- Tuesday, December 16, 2008
Million Dollar Homes in Foreclosure
Market Value: $1,120,000 View more details Fountain Hills , AZ Foreclosure Status: Auction (9/11/06) Est. Opening Bid: $170,000 View more details Longboat Key, FL Foreclosure Status: Pre-Foreclosure Est. Opening Bid: $500,000 View more details Fort Lauderdale , FL (Condo Unit) U.S. foreclosures are up from last year as higher interest rates force more homeowners into default and softening housing prices give defaulted homeowners fewer
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Bank-Owned Auctions: Practical Bidding Strategies
Auctions firms are busier than ever. As lenders and homebuilders repossess more foreclosures, they hire more auction companies to find buyer
RealtyTrac Article Library
- Wednesday, November 12, 2008
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Bank-Owned Auctions: Practical Bidding Strategies
Auctions firms are busier than ever. As lenders and homebuilders repossess more foreclosures, they hire more auction companies to find buyer
RealtyTrac Article Library
- Wednesday, November 12, 2008
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New Feature: Online Bidding, Online Offers
RealtyTrac users now have the ability to make offers directly to the lender or agent, bid in online auctions or contact agents who handle government foreclosure
RealtyTrac Article Library
- Thursday, January 31, 2008
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New Feature: Online Bidding, Online Offers
RealtyTrac users now have the ability to make offers directly to the lender or agent, bid in online auctions or contact agents who handle government foreclosure
RealtyTrac Article Library
- Thursday, January 31, 2008
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Beginner investors wise to avoid auctions
A recent New York Times article about foreclosure auctions reminded me why none of the experienced foreclosure investors Ive talked to recommend foreclosure auctions for people just getting started in real estate investing: "Yet while there is a tantalizing possibility of getting a deal, people who are intimately familiar with foreclosure auctions in New York — lawyers, mortgage bankers, brokers and former auction regulars — advise steering clear of them. Success is not impossible, but to even set foot in the ring you must put in hours of due diligence and overcome myriad obstacles,
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Buying Foreclosures at the Auction: Make a Killing or Get Killed
“Buying foreclosed real estate at an auction is like having a license to steal,” says Larry Blachman , a Realtor who specializes in foreclosures and author of Buying Foreclosures at a Trustee’s Sale. But buying foreclosed homes at an auction is also probably the most dangerous way to purchase real estate — unless you know how the process works. “If But successfully buying If you know the game, you can make a killing; if don’t, you can get killed,” added Blachman. RealtyTrac expects foreclosure activity to rise in the next couple of years, meaning more foreclosed properties will be available for home buyers, investors and real estate agents.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Buyers Come Out in Droves For LA Auction
In all, 92 properties were auctioned off in around five hours. They are sending them right to auction,” said Rob Friedman, chairman of REDC. “Sellers This is the first time since the 1990s that Friedman has felt the market is right to bring back his auction company. And the business is growing all the time, as REDC has scheduled auction dates Some were dressed for business. Others were dressed like they were out for a weekend at the mall.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Million Dollar Homes in Foreclosure
Market Value: $1,120,000 View more details Fountain Hills , AZ Foreclosure Status: Auction (9/11/06) Est. Opening Bid: $170,000 View more details Longboat Key, FL Foreclosure Status: Pre-Foreclosure Est. Opening Bid: $500,000 View more details Fort Lauderdale , FL (Condo Unit) U.S. foreclosures are up from last year as higher interest rates force more homeowners into default and softening housing prices give defaulted homeowners fewer
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Foreclosure Thriller — Pay Up or Beat It
Following closely on the heels of another trophy property recently sold on the auction block, Michael Jacksons Neverland Ranch is set to possibly suffer a similar fate. is scheduled for a public auction at the Santa Barbara County Courthouse at 1100 Anacapa Street. The opening bid is estimated to be at least $20,000,000. For the second time in less than a month, the real estate bubble has burst on a rich and famous homeowner’s palatial estate. On March 19, at 1:00 p.m.,
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Local Market Perspective: Cape Coral, Fla.
The lender prices the property below market to create a bidding war and then makes a call for the highest and best bid. It is like being at an auction, but you don’t see any of the competition and you have no idea if you are bidding against the listing agent and or listing office, or how high you should bid. We also have bank-owned properties in our MLS that you may only purchase through an online auction although they are in the MLS. Editor's Note: This is the first in a series of guest blog posts from members of the RealtyTrac Agent Network . The agents
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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