14 Articles match "Auctions","Homes","Number of"

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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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• How to Buy HUD Home Foreclosures - RealtyTrac
  
  How Can I Buy HUD Home Foreclosures? Search Properties | Free 7-Day Trial Search nearly 650,000 Foreclosure and Government properties. More than 1 million total properties including For Sale by Owner, HUD Home Foreclosures, Resale, and Home Auctions! Almost anyone can qualify... Almost anyone can qualify to buy a home owned by the U.S. Department of Housing and Urban Development (a HUD home) so long
  www.realtytrac.com - Tuesday, February 3, 2009
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• Million Dollar Homes in Foreclosure
  
  Contrary to popular opinion, it’s not just run-down homes in poor neighborhoods that are vulnerable to foreclosure. RealtyTrac’s national foreclosure database featured a number of million-dollar homes in some stage of foreclosure last month, including the homes pictured below. For home buyers at the more expensive end of the real estate market, these types of properties can represent good investment opportunities. (Note: U.S. foreclosures are up from last year as higher interest rates force more homeowners into default and softening
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Foreclosure bargain for summer home of JFK's grandfather
  
  A post last week on The Real Estate Bloggers recounted how the former summer home of President John F. 28 foreclosure auction . The Hull, Massachusetts home of John F. Kennedy’s grandfather sold at auction at a steep discount Tuesday for the price of $950,000. Kennedys grandfather sold for a bargain price at a Feb. The home had been fraudulently purchased by Jamie Edelkind who was sentenced for 5 years in jail.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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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. said there will be more troubles for upscale flippers, high-end prime borrowers, developers and lenders. “Upscale foreclosures are a growing trend,” said McCabe, pointing to the overflow of some 30,000
  www.realtytrac.com - Tuesday, February 3, 2009
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• Mapping the Foreclosure Marketplace
  
  We just rolled out the next phase, featuring apowerful and flexible marketplace map for properties listed on RealtyTrac — including pre-foreclosures, auctions, bank-owned homes, for sale by owner homesand resale homes. Along with a road map, satellite view and birds-eye view ofthe subject property and neighborhood, this mapping application identifies andprovides a brief description of other properties in the area that are listed onRealtyTrac. This should be helpful for getting a sense of the local marketconditions — based on factors such as number of foreclosures
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Checklist for Buying a Bank-Owned REO Property - RealtyTrac
  
  With the number of bank-owned foreclosures rising nationwide, there has never been a better time to purchase real estate owned by banks. REO Buying Checklist: Inspect the Property, Do a Title Search, Negotiate Payments and Rates, Evaluate the Offer, and Financing and Credit. Investors and homebuyers can purchase a foreclosure property in the first phase of default — before a foreclosure auction takes place. 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
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• A (Relatively) Few Bad Apples Spoil the Barrel
  
  Foreclosure Market Report issued today, the total number of properties with foreclosure activity in April reached the highest level on a monthly basis since RealtyTrac began issuing the report in January 2005. properties during the month -- certainly a big number, although only a tiny fraction of the nation's 126 million total housing units. According to the RealtyTrac U.S. Foreclosure filings were reported on 243,353 U.S.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Room Enough for a Catnap
  
  In this lackluster real estate market potential homebuyers have been sitting on the fence, observing from the sidelines as the number of foreclosures keeps going up and home prices keep plummeting. Hopefully the right time to pounce on a devastated market, timing the bottom of the market before the turnaround begins. Well, for one family it was the right What are they waiting for? And they apparently have good taste too since the property is located in what is considered to be an upscale and well-groomed development in Lake Elsinore, Calif.,
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• FBI: Mortgage Fraud Begets Foreclosure
  
  The correlation is apparent in the report’s list of the top states for mortgage fraud: California, Florida, Georgia, Illinois, Indiana, Michigan, New York, Ohio, Texas, and Utah. Six of those states also appeared in RealtyTrac’s list of states with the highest foreclosure rates in 2006. If not caught, the flipper pockets the profit produced by the artificially inflated sales price (see diagram The FBI recently came out with its 2006 Mortgage Fraud Report , which somewhat anticlimactically concludes that there is “a strong correlation between mortgage fraud and loans which result in default or foreclosure.”
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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