18 Articles match "2008","Beach","Properties"

• The Best from RealtyTrac

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• Foreclosure Bargains on the Beach
  
  While that is true, the fact of the matter is that although it may be beachfront property, homeowners can nonetheless end up in foreclosure there as often as anywhere else. What it comes down to in order to successfully purchase beachfront property is identifying good potential markets to invest in, and doing some legwork and research to analyze what it is going to take in order to put together a deal with the homeowner or lender involved in the foreclosure. Recently, RealtyTrac published its own list of potential beachfront investment communities ripe for the purchase of vacation
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Foreclosure Search: Lessons from Long Beach
  
  A few days ago I spoke to a new RealtyTrac customer who was having trouble tracking down foreclosure property in Long Beach, Calif . havent had any success in pursuing properties." So we looked up some of the properties she was interested in, calledone of the property trustees and walked away with information that Ithink will be helpful both for her and for RealtyTrac. She said something like, "Is the information on your site accurate? I
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Foreclosure Lessons from Long Beach: Part II
  
  As promised, here is another lesson about successfully searching andpursuing foreclosures based on a recent conversation with a customerwho was searching for properties in Long Beach, Calif. 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 even though it did not sell.Also, even if RealtyTrac has an auction date listed, its not uncommonfor that auction date to be postponed, something you could only findout from the trustee.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Foreclosure Lessons From Long Beach - Part III
  
  Heres the third and final lesson gleaned from a conversation with acustomer in Long Beach, Calif., 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. pressed "0" and we were put through quite quickly to aperson who was able to tell us the property had been reinstated by theowner. who needed help following up onproperties she found on RealtyTrac. See Lesson 1 and Lesson 2 .
  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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• When Foreclosure Is Not Politically Correct
  
  But the topic of foreclosure recently became much more personal for one Long Beach, Calif ., Located in the upscale Curtis Park neighborhood of Sacramento, the property has gone through the foreclosure auction process and reportedly been purchased by Red Rock Mortgage for $388,000, a far cry from the $535,000 Richardson paid for it back in January 2007. RealtyTrac estimates the current market value of the property at $503,000. Typically when you read about a politician and foreclosure, it’s in relation to some piece of legislation created to combat the recent surge in foreclosures.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• America's Most Expensive Foreclosure?
  
  Mention the word “foreclosure” and most homebuyers and investors conjure up images of run-down and dilapidated properties located in undesirable neighborhoods. But now some of the most opulent estates are increasingly becoming available for savvy investors and homebuyers as a growing number of well-healed homeowners are defaulting on their mortgage payments and property taxes. The mansion was foreclosed on February Consider Veronica Hearst’s Manalapan mansion. If opulence and grandeur is what you desire, then you might consider buying Hearst’s former Manalapan estate.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Foreclosure "Megatrends"
  
  questioned Jack McCabe, a real estate consultant in Deerfield Beach, Fla. Searching for Stimulus II? 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. This week alone, two trophy properties were swept away in the foreclosure tsunami. Foreclosures are rising. Home prices are falling.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Flamboyant Foreclosures
  
  Mention the word “foreclosure” and most investors conjure up images of run-down and dilapidated properties located in undesirable neighborhoods. As more and more well-heeled homeowners default on their mortgages and property taxes, homebuyers can scoop up these tony trophy properties. Consider these posh properties with all the grandeur and sophistication you deserve. 11000 South Ocean Blvd. But now some of the ritzy residences are increasingly falling into foreclosure. 33462 Auction Price: $40,000,000 SOLD: $22,000,000 If you think eight-figure
  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. With the auction of the Hearst mansion in Palm Beach, Fla., Last month, the oceanfront south Florida mega mansion owned by the widow of publishing heir Randolph Hearst went on the auction block at the Palm Beach County Courthouse. 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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