18 Articles match "2008","Auctions","California"

The Latest from RealtyTrac MORE
As Home Prices Plummet, When Will You Buy?
We sold a condo and bought a single-family home.
www.foreclosurepulse.com - Tuesday, December 16, 2008
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Where to find the best deals on foreclosures
In addition, the low average sales price of foreclosures in these states makes it easier to purchase a foreclosure property — especially at foreclosure auctions, where the full amount in cash is sometimes required. For example, the average savings on a foreclosure property in California was less than 20 percent. And foreclosure rates in California, New York It’s important for buyers and investors who are interested in the foreclosures market to carefully evaluate local market conditions before diving into foreclosures in any given area. Our analysis of nationwide foreclosure
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
    But in the end they were all there for the same purpose — a chance to purchase real estate in Southern California — Los Angeles, Orange and Ventura counties in particular — at a “bargain” price. 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 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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  • 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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  • Foreclosure Activity Up 7 Percent in March
    The March total — which includes default notices, auction sale notices and bank repossessions — was the highest monthly total since RealtyTrac began issuing its report in January 2005 and resulted in a foreclosure rate of one foreclosure filing for every 775 U.S. Colorados foreclosure rate ranked second highest, followed by Californias foreclosure rate, which leapfrogged into third place thanks to a 36 percent jump in foreclosure activity. With 149,150 foreclosure filings reported nationwide in March, U.S. foreclosure activity was up 7 percent from the previous month and 47 percent
    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 sprawling Jackson estate — located at 5225 Figueroa Mountain Road — sits on 2,800 acres of rolling hills in California’s wine county north 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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  • Foreclosures Up Across the Board in November
    The report shows increases in all three phases of the foreclosure process — default, auction and bank repossession. Defaults and auctions each accounted for about 40 percent of the total, while bank repossessions accounted for about 20 percent of the total. California reported more than 19,000 new foreclosure filings, the most of any state for the second month in a row. Foreclosures hit their highest level of the year so far in November, with 120,334 new foreclosure filings reported nationwide during the month, according to the RealtyTrac U.S. Foreclosure Market Report
    www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • Exclusive Interview with Dave Webb of Hudson & Marshall
    As foreclosures continue to mushroom, lenders are increasingly turning to the auction block to sell foreclosure properties. In April, Foreclosure News Report will spotlight the fast-growing foreclosure auction market and cover other hot foreclosure issues. One of the experts interviewed for the Foreclosure News Report story was Dave Webb, principal of Hudson & Marshall, a major auction firm in Dallas, Texas. Webb believes now is a good time to buy foreclosure properties. Read Webb’s exclusive interview below: Is now a good time for investors to buy bank-owned
    www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • Foreclosures Take a Spring Break
    total of 147,708 foreclosure filings, which include default notices, auction sale notices and bank repossessions, were reported during the month, a foreclosure rate of one foreclosure filing for every 783 U.S. California reported 30,505 foreclosure filings during the month, the most of any state and up more than 200 percent from April 2006. Californias foreclosure rate Foreclosure activity dipped 1 percent in April after hitting a two-year high in March, but foreclosure filings were still up 62 percent from April 2006, according to the RealtyTrac U.S. Foreclosure Market Report
    www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • 5 States = 55% of July Foreclosure Pie
    California, Florida, Michigan, Ohio and Georgia together accounted for 55 percent of all U.S. The foreclosure filings tracked in the report are default notices, auction notices and bank repossessions. California reported the most foreclosure filings of any state, with 39,013. foreclosure filings in July, according to the RealtyTrac U.S. Foreclosure Market Report released today.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • MBA Survey Confirms Q1 Foreclosure Surge
    The first quarter MBA National Delinquency Survey released today largely supports the findings of the RealtyTrac Q1 2008 U.S. State trends The four states with the highest foreclosure rates in the RealtyTrac first quarter report — Nevada, California, Arizona and Florida — were also the four states identified in the MBA report as having the most severe foreclosure problems. It’s too early to say that the lower foreclosure numbers Foreclosure Market Report released at the end of April, which found overall foreclosure activity increased 23 percent from the fourth quarter of 2007 and 112 percent from the first quarter of 2007.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • U.S. Foreclosure Activity Surges in First Quarter
    The report documents a total of 437,498 foreclosure filings, which include default notices, auction notices and bank repossessions, during the quarter and a quarterly foreclosure rate of one foreclosure filing for every 264 households — the highest quarterly foreclosure rate since RealtyTrac began issuing its report more than two years ago. Colorado and Georgia rounded out the top three state foreclosure rates, followed by Michigan, California, Florida, Arizona, Ohio, Texas and New Jersey. U.S. foreclosure activity in the first quarter of 2007 was up 35 percent from the first quarter
    www.foreclosurepulse.com - Tuesday, December 16, 2008
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