12 Articles match "Auctions","Document","Sales"

• The Best from RealtyTrac

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• Foreclosure Activity Up 7 Percent in March
  
  The March total — which includes default notices, auction sale notices and bank repossessions — was the highest monthly total since RealtyTrac began issuing its report in January 2005 and resulted in a foreclosure rate of one foreclosure filing for every 775 U.S. Nevada documented the highest state foreclosure rate for the month, one foreclosure filing for every 183 households. With 149,150 foreclosure filings reported nationwide in March, U.S. foreclosure activity was up 7 percent from the previous month and 47 percent from a year ago, according to RealtyTracs foreclosure
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• North Dakota Foreclosure Laws
  
  The foreclosure process takes about five months. Compare All State Foreclosure Laws North Dakota Overview Judicial Non-Judicial Process Period Sale Publication Redemption Period Sale/NTS Yes No 150 Days NA 180-365 Days Sheriff Comments: Judicial Foreclosures only
  www.realtytrac.com - Tuesday, February 3, 2009
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• Michigan Foreclosure Laws
  
  The typical foreclosure takes about eight months. Compare All State Foreclosure Laws Michigan Overview Judicial Non-Judicial Process Period Sale Publication Redemption Period Sale/NTS Yes Yes 60 Days 30 Days 30-365 Days Sheriff Comments: Judicial Foreclosures are not common Pre-foreclosure Period
  www.realtytrac.com - Tuesday, February 3, 2009
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• Glossary of Foreclosure and Real Estate Terminology - Realtytrac
  
  Bankruptcy does not discharge obligations secured by an assessment lien. Declaration of Default A document directing a Trustee to sell the trust property to satisfy a specified and unpaid obligation. Deed of Trust A legal document in which the borrower conveys the title to a 3rd party (trustee) to hold as security for the lender. When recorded, it is the initial step in a Trustee’s Sale Proceeding. Notice of Trustee’s Sale A document which is mailed, advertised, posted and recorded. Check out our NEW Features! Login Why Join? FREE Trial Feedback Help
  www.realtytrac.com - Tuesday, February 3, 2009
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• New Hampshire Foreclosure Laws
  
  The typical timeline for an out-of-court foreclosure is approximately three months, including the pre-foreclosure period. Compare All State Foreclosure Laws New Hampshire Overview Judicial Non-Judicial Process Period Sale Publication Redemption Period Sale/NTS No Yes 59 Days 24 Days None Trustee
  www.realtytrac.com - Tuesday, February 3, 2009
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• Nebraska Foreclosure Laws
  
  The typical foreclosure process can last 4-6 months. Compare All State Foreclosure Laws Nebraska Overview Judicial Non-Judicial Process Period Sale Publication Redemption Period Sale/NTS Yes No 142 Days NA None Sheriff Comments: Judicial Foreclosures only Pre-foreclosure Period In most cases, court foreclosures are for mortgages, whereas out-of-court foreclosures are for deeds of trust. After this reinstatement period, a trustee sale is scheduled.
  www.realtytrac.com - Tuesday, February 3, 2009
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• Foreclosures Take a Spring Break
  
  total of 147,708 foreclosure filings, which include default notices, auction sale notices and bank repossessions, were reported during the month, a foreclosure rate of one foreclosure filing for every 783 U.S. households. Nevada documented the highest state foreclosure rate for the fourth month in a row, with one foreclosure filing for every 232 households — more than three times the national average. Foreclosure activity dipped 1 percent in April after hitting a two-year high in March, but foreclosure filings were still up 62 percent from April 2006, according to the RealtyTrac U.S.
  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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• Where to find the best deals on foreclosures
  
  Our analysis of nationwide foreclosure property sales in the last seven months shows that while some areas of the country documented a plethora of properties in foreclosure and big savings on foreclosure purchases, other areas reported relatively low foreclosure inventories and smaller average savings on foreclosure purchases. 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. 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.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• FBI: Mortgage Fraud Begets Foreclosure
  
  An illegal property flipping scheme involves fraudulent appraisals and loan documents for a straw buyer who never intends to pay off the loan. If not caught, the flipper pockets the profit produced by the artificially inflated sales price (see diagram below from FBI report). The report goes on to pinpoint “foreclosure-rescue” scams as an emerging form of fraud that takes advantage of the growing number of homeowners in default. “The perpetrators convince homeowners that they can save their homes from foreclosure through deed transfers and the payment of up-front fees.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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