14 Articles match "Auctions","Bid","Homes"

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• Buying Bank-Owned REOs at the Auction - RealtyTrac
  
  Buying Bank-Owned REOs at the Auction Search Properties | Free 7-Day Trial Thanks to a sharp rise in foreclosure filings nationwide, homebuyers and real estate investors are increasingly likely to encounter bank-owned properties that are for sale at real estate auctions. The increased presence of lender-owned homes in the market — known in the banking industry as REOs, for "real estate owned" — is fallout from the recent real estate boom that marked the first half of this decade.
  www.realtytrac.com - Tuesday, February 3, 2009
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• How to Buy HUD Home Foreclosures - RealtyTrac
  
  How Can I Buy HUD Home Foreclosures? Search Properties | Free 7-Day Trial Search nearly 650,000 Foreclosure and Government properties. More than 1 million total properties including For Sale by Owner, HUD Home Foreclosures, Resale, and Home Auctions! Almost anyone can qualify... Almost anyone can qualify to buy a home owned by the U.S. Department of Housing and Urban Development (a HUD home) so long
  www.realtytrac.com - Tuesday, February 3, 2009
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• Million Dollar Homes in Foreclosure
  
  Contrary to popular opinion, it’s not just run-down homes in poor neighborhoods that are vulnerable to foreclosure. RealtyTrac’s national foreclosure database featured a number of million-dollar homes in some stage of foreclosure last month, including the homes pictured below. For home buyers at the more expensive end of the real estate market, these types of properties can represent good investment opportunities. (Note: U.S. foreclosures are up from last year as higher interest rates force more homeowners into default and softening housing prices give defaulted
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Buying Foreclosures at the Auction: Make a Killing or Get Killed
  
  “Buying foreclosed real estate at an auction is like having a license to steal,” says Larry Blachman , a Realtor who specializes in foreclosures and author of Buying Foreclosures at a Trustee’s Sale. But buying foreclosed homes at an auction is also probably the most dangerous way to purchase real estate — unless you know how the process works. “If If you know the But successfully buying foreclosed properties off the auction block isnt that easy. It requires knowledge, planning, preparation, patience and perseverance. Before taking the plunge, however, spend
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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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. For banks, however, bank-owned homes are a liability. Did you know? Besides 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 foreclosure
  www.realtytrac.com - Tuesday, February 3, 2009
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• Local Market Perspective: Cape Coral, Fla.
  
  Your comments, questions and feedback are welcome. Gloria Tate Raso Realty, Inc. I work with buyers in my area; new jargon and issues are making buying a home more difficult than ever before. The opportunity to own a home at affordable prices has never been greater, but getting to the closing table is so much more difficult. The homes sit for a very long time and the 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 about what is happening on the ground in
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Checklist for Buying a Bank-Owned REO Property - RealtyTrac
  
  Investors and homebuyers can purchase a foreclosure property in the first phase of default — before a foreclosure auction takes place. Secondly, investors can purchase a property in at the public foreclosure auction. And finally, a foreclosure property can be purchased from the bank or lending institution if no one bids at the public sale and the bank repossesses the property. CHECKLIST: For Buying a Bank-Owned REO Property Search Properties | Free 7-Day Trial Are you a real estate investor or homebuyer looking to purchase a bank-owned property? With the number
  www.realtytrac.com - Tuesday, February 3, 2009
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• Foreclosure Fouls Up Sports Stars
  
  It’s not just average Americans who are losing their homes to foreclosure these days. Even rich and famous athletes who earned millions of dollars during their careers can be subjected to the emotional highs and lows of losing a home. Two recent cases in point: record-setting baseball player Jose Canseco , and former NBA star Latrell Sprewell . Canseco, who first came to prominence as a right fielder with the Oakland Athletics back in the 1980s, has decided to walk away Canseco owed Washington Mutual more than $2.5 million on the 7,300 square foot mansion with four bedrooms
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Nevada Foreclosure Laws
  
  Notice of Sale / Auction A trustee (third party named in the deed of trust) carries out the public sale. The sale may be at the trustee’s office, and anyone may bid. Except for the lender, the winning bidder has to pay the full bid amount in cash or cashier’s check to the trustee. Nevada Foreclosure Laws Nevada foreclosures are primarily accomplished out of court. An out-of-court foreclosure in Nevada can be completed in about four months. Compare All State Foreclosure Laws Nevada
  www.realtytrac.com - Tuesday, February 3, 2009
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• Digital Real Estate Data Means "OPEN HOUSE" 24/7
  
  The Internet is rapidly and radically transforming the way people buy and sell homes. Today, in the new digital democracy, more than 80 percent of house-hunters use the Internet to help them find a home, according to the National Association of Realtors . Now, buyers and seller can see all the MLS homes online — for free! 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. Ten years
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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