Foreclosed Homes
October 29, 2009
It seems there is a never ending supply of foreclosed homes to auction. While it can be difficult to figure out exactly the number of properties sold at foreclosure auctions, it is difficult to dispute that the number of foreclosed properties for auction is not rising. Auction events are auctioning off up to 100 properties… Read More »
Tax Lien
October 27, 2009
What is a tax Lien? All US County’s levy a property tax on real estate; this is then used to pay for local county services such as street lighting and trash collection. But what happens if the property owner fails to pay the tax? Well a lien is placed against the property by the County… Read More »
Loan Modification
October 23, 2009
REO foreclosures are intimidating to many home owners as they are on the increase. There are so many companies that have come out of the “wood works,” attempting to offer loan modification methods to help in the foreclosure process. Some of these loan modification companies charge exorbitant fees and some are shady and cannot help… Read More »
Illinois Foreclosures
October 19, 2009
Most days across the US, investors attend foreclosure auctions to seek and pick up bargains. However, the clearance rates of these auctions are very low showing a continuing underlying situation of over supply and under demand. Nevertheless, those buoyed by recent optimizm resulting of a small increase in home prices and buying at these auctions… Read More »
Online Foreclosure Auctions
October 14, 2009
These days just about anything can be, and is, sold at online auctions. Due to the size of the transaction, buying and selling real estate at online auctions has been almost non existent. This is all changing with some US counties moving toward using online auction systems to sell foreclosed properties. Florida is one such… Read More »
Bank Foreclosure
October 10, 2009
Since the top of the housing market in November 2005, US house prices have been on the decline – and a rapid decline in many areas of the nation. According to the Financial Post, it is too early to call a definitive bottom in home prices in the near term. Mortgage delinquencies continue to increase… Read More »
Florida Foreclosures
October 7, 2009
Since the decline of the housing market and the ongoing economic crisis that people are facing across the nation in the United States, it has become apparent that there are more foreclosed properties than usual. In Orlando, Florida, there is an inventory of loads of foreclosed properties being auctioned off. Some of these foreclosed properties… Read More »
Bank Foreclosure
October 3, 2009
By now it is pretty well known that foreclosure auctions are fast becoming the best place to look for bargains when it comes to getting hold of “distressed” properties at prices that cannot be beaten! This is a “secret” that’s not really that much of a secret anymore. There are more and more people that… Read More »