Posts Tagged ‘auctions’

Auctions are Coming to the Rescue of the Banks to Offload their Inventory of Foreclosed Houses

Monday, August 24th, 2009

Auctions are coming to the rescue of the banks to offload their inventory of foreclosed houses. Rates are being drastically cut but there are risks attached.
A house on Shelby Avenue in East Nashville was up for auction among 30 others. The auction was being conducted by Bob Parks Auction – the company being on a [...]

Houses Facing Foreclosures

Wednesday, April 2nd, 2008

In Massachusetts certain types of properties are more in number in the foreclosure market during February. This is from a report issued by The Warren Group – publishers of Banker and Tradesman. The worst hits are the two and or three family houses in comparison to the one family houses and condos.
As compared [...]

Florida Foreclosures Rise Followed By Rising Auctions

Monday, March 31st, 2008

Foreclosures in Florida more than tripled in the fourth quarter of 2007 from what it was during the same period on 2006. More buyers are flocking to foreclosed house auctions as the real estate markets continue to nose dive.
America’s giant auctioneers Hudson & Marshall is scheduled to auction more than 500 foreclosed bank [...]

Foreclosure Bargains On The Internet

Tuesday, March 25th, 2008

For those interested in picking up a bargain from foreclosure auctions a visit to a website launched by Long & Foster will be informative. It gives details of all the foreclosed houses ready to be sold in central and northern Virginia. Generally information about foreclosure is difficult to get. To find out if the property [...]

Bidding For Foreclosed Houses In Ontario

Tuesday, March 18th, 2008

At Ontario last Sunday auction was on in full swing and Sid Hanna was hoping to pick up a bargain for his son. But the bidding was beyond his pocket. But Wyatt Durstler had another tale to tale. Having successfully bid for a four bed roomed dream in Beaumont he thought the prices were ‘amazing’! [...]

Foreclosures And Mortgage Frauds

Tuesday, December 25th, 2007

Organized mortgage frauds located in Atlanta seem to be a plausible explanation for the rising numbers of Atlanta foreclosures. The Wall Street Journal has reported how a fraud caucus managed to pocket $6.8 million in mortgages from Bear Stearns. A certain New York couple approached the bank with the story that they earned more than [...]

Foreclosure Auctions Not Always a Bargain

Wednesday, December 19th, 2007

To turn a foreclosure auction into gain one requires patience and nerves of steel. Recently a seminar was held at Hotel Huntington Beach on foreclosures. The speaker, Hannigan, was a lawyer from San Diego who claimed to have traded in 50 foreclosed properties in 25 years. It is these investments that have made him [...]

Brook Valley Country Club To Face Foreclosure Auction

Tuesday, December 18th, 2007

The club is scheduled to be handed over to the highest bidder at an auction to be held on 26th December in Pitt County Courthouse. It will start at 2 pm as per an insertion in the classified section of a daily newspaper – The Daily Reflector.
The Brook Valley Country Club boasts of an eighteen-hole [...]

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