54 Articles match "Auction","Auctions","Default"

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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. Actor Don Johnson narrowly avoided foreclosure by selling a property at the last minute, and Michael Jackson received a notice of default for an Encino, Calif., 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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• Michael Jackson Property in Default
  
  Jackson on Hayvenhurst Avenue in Encino is l isted as a notice of default on RealtyTrac with a default amount of $61,803 and an estimated loan amount of $2,200,000. And for high-end investors, properties like this one — which is valued at more than $7 million according to Fox — can turn into bargain-buying opportunities if the owner is willing to sell during pre-foreclosure or if the property eventually is sold at public auction or repossessed by the bank . Posted 08-14-2006 8:27 AM by darenb
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• New York Foreclosure Laws
  
  When processing a foreclosure through the court system, the lender files suit against the borrower for the amount in default. A Short Sale Can Stop Foreclosure Notice of Sale / Auction The sale is usually scheduled at least 4 months after the court ruling. In New York, foreclosure sales are made by public auction, usually at the county courthouse. New York Foreclosure Laws New York foreclosures are handled either in court or out of court, although court foreclosures are more common. New York foreclosures can take up to 15 months, which is longer than most other states.
  www.realtytrac.com - Tuesday, February 3, 2009
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• North Carolina Foreclosure Laws
  
  They occur when a clause exists in a mortgage that empowers the lender to sell the property if the borrower defaults. Notice of Sale / Auction If the deed of trust or mortgage contains a power of sale clause and indicates the time, place, and terms of sale, then the specified procedure must be followed. North Carolina Foreclosure Laws Both court and out-of-court foreclosures occur in North Carolina. Compare All State Foreclosure Laws North Carolina Overview Judicial Non-Judicial Process Period Sale Publication Redemption Period Sale/NTS Yes Yes 110 Days 25 Days None Sheriff
  www.realtytrac.com - Tuesday, February 3, 2009
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• 1.9 Million Foreclosure Filings Reported on More Than 1.5 Million U.S. Properties in First Half of ‘09
  
  A total of 1,905,723 foreclosure filings — default notices, auction sale notices and bank repossessions — were reported on 1,528,364 U.S. properties in the first six months of 200
  RealtyTrac Article Library - Wednesday, July 15, 2009
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• 1.9 MILLION FORECLOSURE FILINGS REPORTED ON MORE THAN 1.5 MILLION U.S. PROPERTIES IN FIRST HALF OF '09
  
  A total of 1,905,723 foreclosure filings — default notices, auction sale notices and bank repossessions — were reported on 1,528,364 U.S. properties in the first six months of 200
  RealtyTrac Article Library - Wednesday, July 15, 2009
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• Bank-Owned Properties and REO Frequently Asked Questions - RealtyTrac
  
  If a lender or bank is the highest bidder a foreclosure auction — or if no third party bids at the auction — the property reverts back to the lender and becomes an REO. The job of the loss mitigation department is to mitigate the loss or minimize the damage caused by loans that have defaulted, which lenders call non-performing loans. How can I buy a bank-owned REO? For real estate investors Bank-Owned Properties and REO (FAQ) Search Properties | Free 7-Day Trial What is an REO? REO is an acronym for real estate owned and is industry jargon for
  www.realtytrac.com - Tuesday, February 3, 2009
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• 336,173 Foreclosure Filings Reported in June 2009
  
  A total of 336,173 foreclosure filings — default notices, auction sale notices and bank repossessions — were reported in June 2009, a 5 percent increase from the previous month and a 33 percent increase from June of 2008, according to RealtyTra
  RealtyTrac Article Library - Thursday, July 16, 2009
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• 1.9 Million Foreclosure Filing Reported in First Half of 2009
  
  A total of 1,905,723 foreclosure filings — default notices, auction sale notices and bank repossessions — were reported on 1,528,364 U.S. properties in the first six months of 2009, according to RealtyTra
  RealtyTrac Article Library - Thursday, July 16, 2009
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• No relief from foreclosure heat in August
  
  Despite a month-over-month and year-over-year decrease in bank repossessions (REOs) in August, total foreclosure activity in August remained close to the record high set in July thanks to increasing defaults and scheduled foreclosure auctions, according...( read more ) ...Tags: Tags: Foreclosure Trends foreclosure rates foreclosure statistic
  Foreclosure Pulse - Wednesday, September 9, 2009
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