11 Articles match "Auctions","Buying","Example"

• The Best from RealtyTrac

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• As Home Prices Plummet, When Will You Buy?
  
  Does this make it a good time to buy real estate? We'd like to hear from you when and if you plan to step in and start buying. 262 Home prices in 20 of the nation's major metro areas in July were collectively down 16.3
  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 Financing and Foreclosure Refinancing - RealtyTrac
  
  Foreclosure Financing: How to Buy Foreclosure Real Estate Search Properties | Free 7-Day Trial Search nearly 650,000 Foreclosure and Bank-Owned properties. More than 1 million total properties including REO, For Sale by Owner, and Home Auctions! Finding financing for the foreclosure deal... is one of the most difficult aspects of purchasing a distressed property. Find below-market priced properties For many homebuyers
  www.realtytrac.com - Tuesday, February 3, 2009
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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. 30, 2005. Because of the sparse search results, I advised thecustomer that buying a bank-owned property in the zip code she was searching wouldrequire anextra measure of patience and persistence. More to come ... Posted 06-08-2006 1:41 PM by darenb Filed under: Pre-Foreclosures , A few days ago I spoke to a new RealtyTrac customer who was having trouble tracking down foreclosure property in Long Beach, Calif .
  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. I hope these practical tips prove useful for those of you out there onthe streets buying and investing. Heres the third and final lesson gleaned from a conversation with acustomer in Long Beach, Calif., who needed help following up onproperties she found on RealtyTrac.
  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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• 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. But even if it isnt true, the lesson taught by these types of urban legends is still very important for foreclosure buyers and investors: when you buy a foreclosure property without being able to conduct a full inspection first, make the assumption that the property is substantially vandalized and calculate rehab costs into your offer. The Wall Street Journal is reporting that more and more homeowners forced out of their homes by foreclosure are turning to vandalism to lash out in some tangible way in a situation where they feel powerless.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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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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• Is Eight Enough?
  
  The number of properties with some sort of foreclosure action against them (default notice, auction notice, bank repossession) has consistently risen for the past eight quarters (see chart). One example is Colorado, whose foreclosure rate ranked No. The bill also earmarks $4 billion in grants for local communities to buy up foreclosed properties that may be negatively affecting the communities. While there have been monthly fluctuations up and down during this time period, the quarterly numbers consistently have been up quarter over quarter, and the most recent quarter was no exception, according to the U.S.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• High-End Foreclosures Rising Among Top Tier Homes
  
  Brady said the owners of high-end Hampton foreclosures tend to be “people who kept pulling money out of their houses for their business, using equity in their second homes to pay business debt, credit cards, buy cars, go on trips.” 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. 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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