2 Articles match "Bank Owned","Colorado","Maryland"
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Exclusive Interview with Dave Webb of Hudson & Marshall
Read Webb’s exclusive interview below: Is now a good time for investors to buy bank-owned foreclosures at auction? “Bank-owned foreclosure auctions are a great way for buyers to find exceptional values on homes because lenders are anxious to unload these properties. think it’s a good time to buy bank-owned foreclosures.” You have some auctions coming up soon, tell us about it? “I’ve got nearly 800 bank-owned properties to sell in Michigan starting March 25 through March 30. As foreclosures continue to mushroom, lenders are increasingly turning to the auction block to sell foreclosure properties.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
Foreclosure Activity Deflating or Just Deferred?
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 repossessed by the foreclosing lenders. On the other hand, some might argue that many properties are still at risk for falling into foreclosure, but
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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The Best from RealtyTrac
|
MORE
|
-
Exclusive Interview with Dave Webb of Hudson & Marshall
Read Webb’s exclusive interview below: Is now a good time for investors to buy bank-owned foreclosures at auction? “Bank-owned foreclosure auctions are a great way for buyers to find exceptional values on homes because lenders are anxious to unload these properties. think it’s a good time to buy bank-owned foreclosures.” You have some auctions coming up soon, tell us about it? “I’ve got nearly 800 bank-owned properties to sell in Michigan starting March 25 through March 30. As foreclosures continue to mushroom, lenders are increasingly turning to the auction block to sell foreclosure properties.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
-
Foreclosure Activity Deflating or Just Deferred?
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 repossessed by the foreclosing lenders. On the other hand, some might argue that many properties are still at risk for falling into foreclosure, but
www.foreclosurepulse.com
- Tuesday, December 16, 2008