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43 Articles match "2008","Auctions","Real Estate"
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The Latest from RealtyTrac
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As Home Prices Plummet, When Will You Buy?
Does this make it a good time to buy real estate? have access to credit have fat cash reserves aren't already over-exposed in real estate have a secure job or income stream expect to hold the property for at least two years" But be forewarned, prices are expected to fall further, and will take awhile to rebound, according to many economists. "I Now, in 2009, or will you wait until 2020 when everyone has forgotten about this housing slump and is raving about skyrocketing home prices? Home prices in 20 of the nation's major metro areas in July were collectively down 16.3
www.foreclosurepulse.com
- Tuesday, December 16, 2008
Room Enough for a Catnap
In this lackluster real estate market potential homebuyers have been sitting on the fence, observing from the sidelines as the number of foreclosures keeps going up and home prices keep plummeting. A search on RealtyTrac.com this morning for the Lake Elsinore area revealed that 784 properties were in the pre-foreclosure stage of the process, while another 410 properties were set for auction and 1,313 properties have gone back to the lender as REOs. What are they waiting for? Hopefully the right time to pounce on a devastated market, timing the bottom of the market before
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Online Real Estate Auctions: 12 Tips for First-Time Bidders
Online auctions offer both novice and experienced real estate buyers a way to obtain under-valued propertie
RealtyTrac Article Library
- Wednesday, June 4, 2008
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Online Real Estate Auctions: 12 Tips for First-Time Bidders
Online auctions offer both novice and experienced real estate buyers a way to obtain under-valued propertie
RealtyTrac Article Library
- Wednesday, June 4, 2008
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Digital Real Estate Data Means "OPEN HOUSE" 24/7
An avalanche of information now available on the World Wide Web is shifting the balance of power in the real estate industry and giving homebuyers and sellers more control over the deal than ever before — and changing the nature of real estate forever. The Internet — and a new wave of technologically savvy Web-based real estate firms like RealtyTrac — is leveling the playing field for consumers, giving them access to vital information once controlled exclusively by real estate brokerages and a small circle of real estate professionals.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Online Auctions: Good for Buyers and Sellers
It’s no secret that more people are buying more products through online auctions, and real estate is no exceptio
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Online Auctions: Good for Buyers and Sellers
It’s no secret that more people are buying more products through online auctions, and real estate is no exceptio
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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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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. Thanks to aggressive advertising all over the region and ample coverage on local news programs, the Real Estate Disposition Corp. (REDC) In all, 92 properties were 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 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. So it’s no wonder that it has no time to play nursemaid to a bunch of foreclosed real estate in foreclosure-laden Detroit, Mich. The Federal Deposit Insurance Corp. is having no trouble keeping busy these days.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Foreclosure Thriller — Pay Up or Beat It
For the second time in less than a month, the real estate bubble has burst on a rich and famous homeowner’s palatial estate. 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. On March 19, at 1:00 p.m., Michael Jacksons Neverland Ranch in Los Olivos, Calif.,
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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