10 Articles match "2008","Bank Owned","Bid"

• The Best from RealtyTrac

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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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• March Mania and RealtyTrac's Sweet 16 Foreclosure List
  
  Pittsburgh, PA — Opening Bid: $1,650 2) North Carolina — 2813 Bedfordshire Ct, Raleigh, NC — Opening Bid: $3,582 3) Massachusetts — 95-97 Dartmouth, Medford, MA — Opening Bid: $5,000 4) New Jersey — 115 Columbus Ave., Trenton, NJ — Opening Bid: $83,700 MIDWEST REGION SEMIFINAL With bank-owned houses cheaper than a used car in Detroit, Michigan and Columbus, Ohio, why not buy the whole block? Each spring brings the beginning of the real estate sales season and the end of college basketball, culminating with March Mania and the much awaited NCAA Sweet 16 playoff.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Local Market Perspective: Cape Coral, Fla.
  
  The opportunity to own a home at affordable prices has never been greater, but getting to the closing table is so much more difficult. Many of the best deals in our area are bank-owned properties. In our city, the bank has taken the property back but they may not have paid all the liens from our code enforcement and generally speaking that does not come up until the final title search is done, so a delay is normal. Editor's Note: This is the first in a series of guest blog posts from members of the RealtyTrac Agent Network . The agents will be sharing their insights
  www.foreclosurepulse.com - Tuesday, December 16, 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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• Foreclosure "Megatrends"
  
  Banks and Builders Buckle If 2007 was the year of the mortgage meltdown, where hundred of subprime lenders became extinct, then 2008 could shape up to be the year where banks and homebuilders buckle under the crushing strain of debt. wave of foreclosure walkers could spawn $1 trillion or more in financial losses, creating a systemic banking and builder crisis unseen in American history, warns the Economist . Foreclosures are rising. Home prices are falling.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Digital Real Estate Data Means "OPEN HOUSE" 24/7
  
  They can even bid online for bank-owned auctions at RealtyTrac . The Internet is rapidly and radically transforming the way people buy and sell homes. 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.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Local Market Perspective: Corona, Calif.
  
  of living space, are being under-priced by the bank, creating phenomenal bidding wars. Bank-owned foreclosure properties with 3,000 sq. While there are still a few overpriced foreclosures in Corona, the banks don’t really want to lose their shirts. It’s amazing what’s happening in Corona, Calif., a community in Riverside County Over the last month, I’ve witnessed over 500 properties go into pending status.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Buyers Come Out in Droves For LA Auction
  
  The banks are not putting them on the market with a Realtor first. Many buyers were glad to have the winning bid even if it meant saving only $10,000 to $50,000 on REDC’s “previously valued at” number. Sometimes you have to attend a number of auctions to find that one good deal. Posted 06-05-2007 10:15 AM by joelc Filed under: Bank-Owned/REOs , Foreclosure Trends , Real Estate Trend 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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• 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. This shift in percentages shows that a higher proportion of properties that enter the forecosure process are ending up repossessed by lenders. Posted 08-14-2008 2:00 AM by darenb Filed under: Pre-Foreclosures , Foreclosure Auctions , Bank-Owned/REOs , Foreclosure Trends
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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