4 Articles match "Arizona","Auctions","Beach"

• The Best from RealtyTrac

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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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• Flamboyant Foreclosures
  
  33462 Auction Price: $40,000,000 SOLD: $22,000,000 If you think eight-figure foreclosures never happen — think again! In February, Veronica Hearst’s Manalapan trophy property — one of the most expensive foreclosures ever recorded — was sold at the Palm Beach County courthouse steps for an astounding $22 million. Twenty two million dollars, however, doesn’t seem like a bad deal when you consider that the stately Mention the word “foreclosure” and most investors conjure up images of run-down and dilapidated properties located in undesirable neighborhoods.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• High-End Foreclosures Rising Among Top Tier Homes
  
  Jack McCabe, a real estate consultant in Deerfield Beach, Fla., In a lot of the bubble markets — like Miami, Palm Beach, San Diego, Las Vegas, Orange County and the Inland Empire in California — we are going to see an increase in the number of high-end foreclosures in relatively wealthy communities. As far as condos go, about one out of every six condominiums listed in Orange County last year were either a short sale or a foreclosure,” says Veronica Hicks, a real estate broker in Newport Beach, Calif., High-End Foreclosures Rising Among Top Tier Homes By Octavio Nuiry, RealtyTrac Staff Writer    Until now, the foreclosure crisis was confined to a narrow niche of middle-class urban communities and outer-rim new housing developments where first-time homeowners and real estate speculators benefited briefly from favorable financing.
  www.realtytrac.com - Tuesday, February 3, 2009
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• Now Homebuilders Face Foreclosure
  
  in Arizona, Kara Homes Inc. Hovnanian Enterprises in New Jersey, Beazer Homes in Atlanta, William Lyon Homes in Newport Beach, Calif., and Meritage Homes in Arizona. Other developers are resorting to auctions to sell huge inventories of new homes, townhouses and condominiums. For millions of Americans facing foreclosure, the Federal Reserve’s interest rate cut this week was welcome news that could possibly help save thousands of homeowners from default by giving them the opportunity to refinance their adjustable-rate loan into a fixed-rate mortgage with a lower interest rate.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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