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21 Articles match "Auctions","Foreclose","Homes"
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The Latest from RealtyTrac
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Secrets of Pre-Foreclosure Investing
Most people in foreclosure today have zero equity in their homes,” said Thomas J. 20 and will provide a temporary, three-year change to the tax code to eliminate any taxes homeowners might face when banks renegotiate the terms of a home loan and forgive a portion of the outstanding mortgage debt. The auction was scheduled a few weeks down the road. 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
High-End Foreclosures Rising Among Top Tier Homes
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. This is just the tip of the iceberg.” McCabe believes that delinquencies and defaults will rise not only among subprime borrowers, but among prime mortgages, Alt-A loans, teaser rate loans and low money-down
www.realtytrac.com
- Tuesday, February 3, 2009
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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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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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For Sale - Commercial Foreclosure Properties, REO Properties and Bank-Owned Homes - RealtyTrac
Check out our NEW Features! Login Why Join? FREE Trial Feedback Help
www.realtytrac.com
- Tuesday, February 3, 2009
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High-End Foreclosures Rising Among Top Tier Homes
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. This is just the tip of the iceberg.” McCabe believes that delinquencies and defaults will rise not only among subprime borrowers, but among prime mortgages, Alt-A loans, teaser rate loans and low money-down
www.realtytrac.com
- Tuesday, February 3, 2009
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As Home Prices Plummet, When Will You Buy?
Home prices in 20 of the nation's major metro areas in July were collectively down 16.3 percent from a year ago, according to the S&P/Case-Shiller Home Price Index released today. quot; Las Vegas and Phoenix posted the two biggest annual declines in home prices of the 20 metro areas tracked in the report, followed by Miami with a 28.2 Prices in those metro areas were down 19.5 percent from their peak in July 2006. "There
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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For Sale - REO Houses and Bank-Owned Properties - RealtyTrac
More than 1 million total properties including For Sale by Owner, New Construction, Resale, and Home Auctions! Your No.1 Also called a bank foreclosure, this frequently happens once a home owner defaults on a mortgage, forcing the bank to buy the house back at a foreclosure auction. REO House and Properties For Sale Search Properties | Free 7-Day Trial Search nearly 650,000 Foreclosure and Bank-Owned properties. Source
www.realtytrac.com
- Tuesday, February 3, 2009
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Looking to develop property? Try foreclosures.
Although most of the foreclosure properties listed on RealtyTrac are single family homes, any type of property can fall into foreclosure. That includes all kinds of commercial property and unfinished developments -- like one in San Antonio that sold at foreclosure auction Tuesday for $4.77 million, according to the San Antonio Express-News : A creditor foreclosed Tuesday on a half-completed project on Broadway near the Interstate 35-Interstate Villaje del Rio was conceived by Geis as a mixed-used development of apartments and office and retail space. This property was
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. Buying a bank-owned home in foreclosure isnt easy, and its hardly without risk. 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 of bank-owned foreclosures rising nationwide, there has never been a better time
www.realtytrac.com
- Tuesday, February 3, 2009
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FDIC Selling Off Detroit Inventory
So it’s no wonder that it has no time to play nursemaid to a bunch of foreclosed real estate in foreclosure-laden Detroit, Mich. King Auction Company of Gadsden, Ala., to auction off 83 properties ranging in values from as low as $2,500 up to a home in the Grosse Pointe area that was recently listed for $1.3 The Federal Deposit Insurance Corp. is having no trouble keeping busy these days.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Solving the MERS Mystery
That’s because when they see MERS — or its expanded manifestation, Mortgage Electronic Registration System — listed as the lender for a property, it often means extra work finding contact information for the actual lender who is foreclosing. Clicking on that hyperlink will open a new window that allows them to search for the current lender using the property address. Posted 03-12-2007 6:06 PM by darenb Filed under: Pre-Foreclosures , Foreclosure Auctions , Bank-Owned/REOs , RealtyTrac Tools & Features
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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