16 Articles match "Auction","Auctions","Example"

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Secrets of Pre-Foreclosure Investing
The auction was scheduled a few weeks down the road. Buying pre-foreclosures has two main advantages over buying at the auction or purchasing bank-owned properties, according to Siems. After my mailing campaign narrows down my prospects to a handful of pre-foreclosures owners, I pre-qualify them on the telephone and then go visit them in person a couple of days before the auction.” Secrets of Pre-Foreclosure Investing By Octavio Nuiry, RealtyTrac Staff Writer    One pre-foreclosure expert says a new federal law will change everything, and short sales and short payoff sales will become the new trend in the marketplace.
www.realtytrac.com - Tuesday, February 3, 2009
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High-End Foreclosures Rising Among Top Tier Homes
Homebuilders in Arizona, whose lavish incentives haven’t attracted buyers in the slumping market, are turning to the auction block as a last resort to sell empty houses, said R.L. just recently went up for auction and sold back to the foreclosing lender for $22 million. The Hearst foreclosure is an extreme example showing that high-end foreclosures are a growing trend. “It’s 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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8 Ways to Dodge Delinquency and Stopping Foreclosure - RealtyTrac
For example, delinquent mortgage payments may be added to the backend of the borrower’s scheduled payments or the borrower could be given more time to bring the late payment current. Before considering this option, a homeowner should consult a real estate attorney. Option #8: Foreclosure Allowing the foreclosure to proceed to the auction is generally the worst choice. Check out our NEW Features! Login Why Join? FREE Trial Feedback Help
www.realtytrac.com - Tuesday, February 3, 2009
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  • Foreclosure Lessons from Long Beach: Part II
    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
    www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • Michael Jackson Property in Default
    This is just another example that all types of property are susceptible to foreclosure, even multimillion dollar estates. 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 Filed under: Pre-Foreclosure Fox News is reporting that Michael Jackson has received a notice of pending foreclosure on a home he owns in Encino, Calif. —
    www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • Foreclosure Activity Deflating or Just Deferred?
    As can be seen in the chart below, the default and auction categories experienced double- and triple-digit YOY percentage increases for much of 2007. Meanwhile, REO (bank repossession) activity actually decreased on a YOY basis in January and February of 2007 but gradually started to gain momentum in the second half of 2007, and increases in REOs have far outpaced the increases in defaults and auctions in all six months of 2008. One could argue that this chart shows that the bulk of the properties that were at risk for foreclosure have migrated through the process and are now being
    www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • Foreclosure Search: Lessons from Long Beach
    For example, one search this customer ran was for bank-owned properties in a specific Long Beach zip code. More to come ... Posted 06-08-2006 1:41 PM by darenb Filed under: Pre-Foreclosures , Foreclosure Auctions , Bank-Owned/REO A few days ago I spoke to a new RealtyTrac customer who was having trouble tracking down foreclosure property in Long Beach, Calif . She said something like, "Is the information on your site accurate?
    www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • Foreclosure Lessons From Long Beach - Part III
    this example I just said that I wanted to know about the status of aproperty in foreclosure and the trustees rep asked for the propertyaddress and then the owners name, both of which were listed on theproperty details page on RealtyTrac. Your input is always welcome, eithervia comment on this blog or via e-mail at editor@foreclosurepulse.com . Posted 06-15-2006 11:43 AM by darenb Filed under: Pre-Foreclosures , Foreclosure Auction Heres the third and final lesson gleaned from a conversation with acustomer in Long Beach, Calif.,
    www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • Foreclosures in Money's 'Best Places to Live'
    According to the latest data on the RealtyTrac website, Fort Collins has only 20 properties in the pre-foreclosure stage, but 226 properties are ready to go to auction and another 156 are bank owned (REO). This list in Money magazine, supported by data acquired from RealtyTrac, is a prime example of this. Posted 07-24-2006 5:00 PM by joelc Filed under: Foreclosure Trends , Real Estate Trend Money magazine came out last week with another of its Top 10 lists; this one called "America’s Best Places to Live 2006 ."
    www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • The Legend of Foreclosure Vandalism Grows
    That seems to be the most common story used when people talk about foreclosure vandalism, although Ive yet to hear one concrete (pun intended) example of this happening in real life. With apologies to Prison Mike from "The Office," we want to scare rookie foreclosure buyers and investors straight. Posted 04-02-2008 7:22 AM by darenb Filed under: Foreclosure Auctions , Bank-Owned/REOs , Foreclosure Trends Comments
    www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • A (Relatively) Few Bad Apples Spoil the Barrel
    For example, the city council in Vallejo, California -- part of a metropolitan area with a foreclosure rate that ranked sixth highest in the nation in April - last week voted to have the city file for bankruptcy." Look for more local market perspectives coming soon and please post a comment on any of these posts if you have something to add, a question or a different perspective. Posted 05-14-2008 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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  • Where to find the best deals on foreclosures
    In addition, the low average sales price of foreclosures in these states makes it easier to purchase a foreclosure property — especially at foreclosure auctions, where the full amount in cash is sometimes required. For example, the average savings on a foreclosure property in California was less than 20 percent. For example, foreclosures in Monroe County (Rochester), It’s important for buyers and investors who are interested in the foreclosures market to carefully evaluate local market conditions before diving into foreclosures in any given area. Our analysis of nationwide
    www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • Foreclosure Financing and Foreclosure Refinancing - RealtyTrac
    More than 1 million total properties including REO, For Sale by Owner, and Home Auctions! Finding financing for the foreclosure deal... For example, an investor could borrow 90 percent loan-to-value (LTV) on a conventional loan and borrow the remaining 10 percent using a line of credit (or credit card). Foreclosure Financing: How to Buy Foreclosure Real Estate Search Properties | Free 7-Day Trial Search nearly 650,000 Foreclosure and Bank-Owned properties.
    www.realtytrac.com - Tuesday, February 3, 2009
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