15 Articles match "Auctions","Bid","Real Estate"

• The Best from RealtyTrac

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• Glossary of Foreclosure and Real Estate Terminology - Realtytrac
  
  Million Foreclosures
  www.realtytrac.com - Tuesday, February 3, 2009
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• Digital Real Estate Data Means "OPEN HOUSE" 24/7
  
  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. The Internet — and a new wave of technologically savvy Web-based real estate firms like RealtyTrac — is leveling the playing field for consumers, giving them access to vital information once controlled exclusively by real estate brokerages and a small circle of real estate professionals.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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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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• Bank-Owned Properties and REO Frequently Asked Questions - RealtyTrac
  
  REO is an acronym for real estate owned and is industry jargon for foreclosure property repossessed by banks or lenders. 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. Some lenders post bank-owned real estate lists on their websites. Bank-Owned Properties and REO (FAQ) Search Properties | Free 7-Day Trial What is an REO? REOs are owned by banks.
  www.realtytrac.com - Tuesday, February 3, 2009
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• Beginner investors wise to avoid auctions
  
  A recent New York Times article about foreclosure auctions reminded me why none of the experienced foreclosure investors Ive talked to recommend foreclosure auctions for people just getting started in real estate investing: "Yet while there is a tantalizing possibility of getting a deal, people who are intimately familiar with foreclosure auctions in New York — lawyers, mortgage bankers, brokers and former auction regulars — advise steering clear of them. Success is not impossible, but to even set foot in the ring you must put in hours of due diligence and overcome myriad obstacles,
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Buyers Come Out in Droves For LA Auction
  
  But in the end they were all there for the same purpose — a chance to purchase real estate in Southern California — Los Angeles, Orange and Ventura counties in particular — at a “bargain” price. Thanks to aggressive advertising all over the region and ample coverage on local news programs, the Real Estate Disposition Corp. (REDC) In all, 92 properties were Some were dressed for business. Others were dressed like they were out for a weekend at the mall.
  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 game, you can make a killing; if don’t, you can get killed,” added Blachman. RealtyTrac expects foreclosure activity to rise in the next couple of years, meaning more foreclosed properties will be available for home buyers, investors and real estate agents.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• How to Buy HUD Home Foreclosures - RealtyTrac
  
  More than 1 million total properties including For Sale by Owner, HUD Home Foreclosures, Resale, and Home Auctions! Almost anyone can qualify... HUD now has become the owner of the real estate. How Can I Buy HUD Home Foreclosures? Search Properties | Free 7-Day Trial Search nearly 650,000 Foreclosure and Government properties. Almost anyone can qualify to buy a home owned by the U.S.
  www.realtytrac.com - Tuesday, February 3, 2009
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• Million Dollar Homes in Foreclosure
  
  For home buyers at the more expensive end of the real estate market, these types of properties can represent good investment opportunities. (Note: Market Value: $1,120,000 View more details Fountain Hills , AZ Foreclosure Status: Auction (9/11/06) Est. Opening Bid: $170,000 View more details Longboat Key, FL Foreclosure U.S. foreclosures are up from last year as higher interest rates force more homeowners into default and softening housing prices give defaulted homeowners
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Foreclosure Thriller — Pay Up or Beat It
  
  For the second time in less than a month, the real estate bubble has burst on a rich and famous homeowner’s palatial estate. 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. is scheduled for a public auction at the Santa Barbara County Courthouse at 1100 Anacapa Street. On March 19, at 1:00 p.m., Michael Jacksons Neverland Ranch in Los Olivos, Calif.,
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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