11 Articles match "Auctions","Company","Houses"

• The Best from RealtyTrac

  MORE

• 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
  READ MORE
• Local Market Perspective: Cape Coral, Fla.
  
  The agents will be sharing their insights about what is happening on the ground in their local housing market, particularly as it relates to foreclosures. This presents a whole new challenge, they use mobile closers who rarely have time to speak with you, and all the fees they charge are usually higher than if you close with a local title company. In my most recent transaction I had a law firm, a title company for the law firm, Editor's Note: This is the first in a series of guest blog posts from members of the RealtyTrac Agent Network . Your comments, questions and feedback
  www.foreclosurepulse.com - Tuesday, December 16, 2008
  READ MORE
• Foreclosure Salvation: By Grace or By Works?
  
  The payment for those sins is often foreclosure, but Clinton wants the government to become a Messianic figure for homeowners facing foreclosure — and by default also for many lenders who approved problem loans for those homeowners — by forgiving these sins and bearing the transgressions of malevolent mortgages that no other lender or buyer is willing to touch. "That’s why I believe the Federal Housing Administration should also stand ready to be a temporary buyer — to purchase, restructure, and resell underwater mortgages," Clinton said in the speech at what was billed as the "Solutions for
  www.foreclosurepulse.com - Tuesday, December 16, 2008
  READ MORE
• The Legend of Foreclosure Vandalism Grows
  
  The article claims that "real estate agents estimate that about half of foreclosed properties to be sold by mortgage companies nationwide have substantial damage, according to a new survey by Campbell Communications, a marketing and research firm based in Washington, D.C." And there are some real horror stories described by agents cited in the article: ferret droppings along the baseboards, walls pocked with holes, appliances and light fixtures ripped out, a trail of motor oil dripped on all the carpets throughout a house. 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
  READ MORE
• 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. Many owners of homes that go into foreclosure have been struggling financially, which usually means that the house has not received needed repairs or general maintenance for a while. 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?
  www.realtytrac.com - Tuesday, February 3, 2009
  READ MORE
• 8 Ways to Dodge Delinquency and Stopping Foreclosure - RealtyTrac
  
  Some mortgage companies are able to arrange a repayment plan based on your current financial situation. If you have enough equity in the house to allow you to pay off the mortgage in full, then a sale is usually your best option. With this option, you as a borrower voluntarily “give back” your property to the mortgage company. Check out our NEW Features! Login Why Join? FREE Trial Feedback Help
  www.realtytrac.com - Tuesday, February 3, 2009
  READ MORE
• Glossary of Foreclosure and Real Estate Terminology - Realtytrac
  
  This time period is approximately 30 days long. Rescission of a Notice of Default When signed by the homeowners association or agent and recorded by the trustee, this document removes the effect of the previously recorded Notice of Default. Substitution of Trustee A written document by which one trustee is appointed in place of another. Trustee The person or party to whom property is conveyed in trust for the benefit of others. Trustee’s Deed Upon Sale A document signed by the Trustee that transfers ownership of the foreclosed property to the successful bidder at a Trustee’s
  www.realtytrac.com - Tuesday, February 3, 2009
  READ MORE
• Local Market Perspective: Seattle, Wash.
  
  The Seattle metro area has a strong economic foundation with many companies doing extraordinarily well due to international business. say this all the time to my buyers, at auction there is a huge crowd competing over six to 10 properties. It makes a transaction so much less of a nightmare, and in a few years you will have built yourself a great real estate portfolio in one of the best cities in the United States. Contact Nova Ukariha Over the past three months, my clients and I have presented nine contracts to pre-foreclosure, REO and short sale sellers. Out of those nine
  www.foreclosurepulse.com - Tuesday, December 16, 2008
  READ MORE
• 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... Department of Housing and Urban Development (a HUD home) so long as they either have the cash in hand or can qualify for a loan to finance the purchase. HUD home foreclosures have already gone through the entire foreclosure process. How Can I Buy HUD Home Foreclosures? Search Properties | Free 7-Day Trial Search nearly 650,000 Foreclosure and Government properties.
  www.realtytrac.com - Tuesday, February 3, 2009
  READ MORE
• Secrets of Pre-Foreclosure Investing
  
  real estate training company. “The The auction was scheduled a few weeks down the road. McManus said the borrower got out of a painful situation, the bank got rid of a non-performing asset, and McManus bought a discounted house for pennies on the dollar. “Sometimes, Other times, we do lease-option deals, where the seller sells the house to you (the investor) and you lease it back to the seller.” 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
  READ MORE