20 Articles match "2008","Auctions","List"

• The Best from RealtyTrac

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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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• FDIC Selling Off Detroit Inventory
  
  In fact the agency’s head just announced this week that it has adjusted its estimate of how many of the nation’s banks are seriously in trouble of going out of business this year upward from 90 in Q1 2008 to 117 now. King Auction Company of Gadsden, Ala., to auction off 83 properties ranging in values from as low as $2,500 up to a The Federal Deposit Insurance Corp. is having no trouble keeping busy these days.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Looking to develop property? Try foreclosures.
  
  Although most of the foreclosure properties listed on RealtyTrac are single family homes, any type of property can fall into foreclosure. That includes all kinds of commercial property and unfinished developments -- like one in San Antonio that sold at foreclosure auction Tuesday for $4.77 This property was originally listed on RealtyTrac in May with an auction date in June. million, according to the San Antonio Express-News : A creditor foreclosed Tuesday on a half-completed project on Broadway near the Interstate 35-Interstate 37 interchange, clearing the way for progress on its hulking concrete building shells.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Foreclosure Lessons from Long Beach: Part II
  
  Lesson 2: Call the trustee or lender to get most recent property status After you find a property that interests you, first call the trustee (for pre-foreclosures and auctions) or the lender (forbank-owned properties) to make sure the property is still inforeclosure before you sink any more of your valuable time into pursuingthe property. Confirming the status is necessary because although RealtyTrac checksif a property is SOLD, there may be a delay before we receive thatinformation and the owner in default could also reinstate the property,meaning it is no longer in foreclosure
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Foreclosures in Money's 'Best Places to Live'
  
  Money magazine came out last week with another of its Top 10 lists; this one called "America’s Best Places to Live 2006 ." According to the latest data on the RealtyTrac website, Fort Collins has only 20 properties in the pre-foreclosure stage, but 226 properties are ready to go to auction and another 156 are bank owned (REO). That’s more than all the for sale by owner, resale and new homes listed on RealtyTrac in Fort Collins The rest of Money’s And the winner is . . . Fort Collins, Colorado.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Foreclosure Lessons From Long Beach - Part III
  
  Lesson 3: Listen carefully and speak concisely when calling the trustee With the customer listening in, I called one of the trustees listed for a pre-foreclosure property. this example I just said that I wanted to know about the status of aproperty in foreclosure and the trustees rep asked for the propertyaddress and then the owners name, both of which were listed on theproperty details page on RealtyTrac. Heres the third and final lesson gleaned from a conversation with acustomer in Long Beach, Calif., who needed help following up onproperties she found on RealtyTrac.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Solving the MERS Mystery
  
  That’s because when they see MERS — or its expanded manifestation, Mortgage Electronic Registration System — listed as the lender for a property, it often means extra work finding contact information for the actual lender who is foreclosing. Foreclosure documents often list MERS as the lender even though it is not able to answer any questions about the property, let alone entertain offers from interested buyers or investors. Many foreclosure investors consider MERS a four-letter word. MERS is a system used by many in the finance industry to track loans and the lenders in charge
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Mapping the Foreclosure Marketplace
  
  We just rolled out the next phase, featuring apowerful and flexible marketplace map for properties listed on RealtyTrac — including pre-foreclosures, auctions, bank-owned homes, for sale by owner homesand resale homes. Along with a road map, satellite view and birds-eye view ofthe subject property and neighborhood, this mapping application identifies andprovides a brief description of other properties in the area that are listed onRealtyTrac. As promised in our Flying Foreclosure Photos post a fewweeks ago, we’re continuing to improve the mapping and aerial photo technologyon our website.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Whitney Houston: Diva in Default
  
  The news service reports that one of two lots owned by Houston was scheduled for public auction on January 4 by the Morris County’sSheriff’s office. was listed as a pre-foreclosureon RealtyTrac in June with an original loan amount of $975,000. Houstonis one of several celebrities in the past year to face foreclosure action ofsome kind. Home buyers can get in over their heads, whether they’re in a $60,000or $6 million home. Thanks to delinquent mortgage payments totaling more than $1million, singer Whitney Houston faces the possibility of foreclosure on a home in New Jersey, according to the AssociatedPress .
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Two Heavy Hitters Slapped with Foreclosure Notices
  
  mdash; worth an estimated $10 million — is under foreclosure and is set to be auctioned by Washington Mutual on July 1, according to the Fayette Daily News . Next, a Utah consulting company hit the prize fighter with a suit for failing to repay a $550,000 loan related to landscaping his estate, reports the Atlanta Constitution . Another heavyhitter in foreclosure is Adam “Pacman” Jones , former cornerback for the Tennessee Titans, who signed with the Dallas Cowboys in April 2008 after a one-year suspension from the NFL due to numerous legal entanglements
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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