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Government Foreclosures. Foreclosed Homes, Properties & Real Estate Auctions
Home prices in the United States keep on increasing. According to a news article in Global Property Guide, the seasonally adjusted price index rose 5.83 percent, making it the highest since 2014. The national average cost to build a home is almost $288,000 while it can go as much as $425,000 depending on the design,… Read More »
A foreclosure isn’t the nicest process. It means somebody has just lost a home. However, it also opens new opportunities particularly for people who want to get into the real estate business or buy a cheap home. Where We Stand Today US foreclosures have definitely come a long way since 2009 when the recession was… Read More »
US home foreclosures have increased as of October 2015, according to RealtyTrac, which monitors housing data. It revealed that the number of foreclosed properties, which already include bank repossession and default notices, have gone up by 6% in October 2015 compared to the previous month with more than 110,000 properties. However, if it’s any consolation,… Read More »
Government owned foreclosure properties can be found in Cincinnati, OH by checking the HUD and VA websites. RealtyTrac also maintains a list of government foreclosure properties. Homes are sold at substantial discounts because the government is not in the real estate business and wants to unload their properties quickly. In fact, Ohio ranks high in… Read More »
There are a number of opportunities to find quality foreclosed homes in Durham, NC these days. You will find competition for these homes so acting quickly is recommended. Short sales are also popular among buyers and investors these days because they offer the chance to buy a home at a discounted price as well. Many… Read More »
The real estate market bubble burst in 2007 caused a downward spike in home prices and the recession that took place shortly resulted in a high unemployment and a number of homes being foreclosed in the Plano, TX area. Many homeowners lost their jobs and could no longer afford their mortgage payments, while others had… Read More »
Foreclosures auctions are one of the best places to find Denver homes at rock bottom prices. In fact, accordingly to RealtyTrac, there are 1,372 trustee sale foreclosure auctions in the Denver area. Properties are frequently offered in online auctions as well. To find out about online foreclosure auctions, you should check various sites on the… Read More »
Home values in the Fresno area have been increasing during the past few months. According to RealtyTrac, the average price per sq. ft for a Fresno home was $92.00, which was an increase of 12.2% over the last year. The median sales price for a home in the Fresno area during the period July 12,… Read More »
Investing in tax defaulted properties in St. Petersburg, FL, Pinellas County, is a terrific way to receive a high rate of return on your investment. A tax lien certificate represents a lien for the amount of unpaid property taxes and any assessments, penalties, interest and fees. The county auctions the tax lien certificate to the… Read More »
Cheap El Paso homes can be purchased at the El Paso Sheriff foreclosure sales held on the first Tuesday of each month at 10:00 a.m. at the El Paso County Courthouse located at 500 E. San Antonio Street, El Paso, TX 79901. The notices of all foreclosure home sales are published in the El Paso… Read More »
Kings County, NY has approximately 9,675 properties that have lis pendens filed against them according to RealtyTrac.com. This means that the owners of these properties are in default on their mortgages. Many of the properties will end up at Kings County foreclosure auction sales. In fact, there are approximately 54 foreclosure sales currently in the… Read More »
Oklahoma City is a great place to find liquidation property bargains. In fact, according to Trulia.com, there are approximately 1,542 homes in either pre-foreclosure, auction or bank owned stages of the foreclosure process in Oklahoma City. If you are looking for homes in popular areas such as Quail Creek and Mesta Park, you may even… Read More »
Mesa, AZ has been attracting buyers/investors to the area because of the numerous opportunities to purchase budget real estate at foreclosure auctions. According to RealtyTrac, there are approximately 1,859 trustee sales in Meza. There are 13 government owned foreclosure properties available, and 1,749 bank owned REO properties. If you are looking to purchase a home… Read More »
Atlanta, GA is full of good bargains for investors to choose from whether you are looking for a single family home to rent, rehab, hold on to or turn around and sell. There are over 2,947 bank owned homes in the area right now according to Realtytrac.com. If you are looking for auction properties, there… Read More »
Tax Lien Certificates and Tax Deed Sales are a way for a municipal government to collect taxes on properties when the owners have failed to pay their taxes. When a St. Petersburg homeowner defaults on their property taxes, Pinellas County forecloses on the property. Tax defaulted properties are different from mortgage default properties because the… Read More »
Buyers and investors are heading to Minneapolis to purchase foreclosure properties. Affordable foreclosure inventory and low interest rates are creating a high demand for these properties. According to local Minneapolis Realtors, first time home buyers and investors are requesting REO’s and short sales. Competition amongst buyers for these bargain priced homes is creating multiple offers… Read More »
Trulia’s latest report reflects that the average price per square foot for a Bridgeport, CT home is $70.00. The median sales price for Bridgeport homes during the period January 12, 2012 through March 12, 2012 was $105,000. There was no change in the median home sales price compared to a year ago, and the number… Read More »
According to Tulia, there are 27 homes that received some type of foreclosure notice in Fairbanks, AK during January 12, 2012 through March 12, 2012. The median sales price for Fairbanks homes during the same period was $153,094. This represents an increase of 7.5% compared to the prior quarter and a decrease of 3.5% compared… Read More »
According to RealtyTrac, the average sales price for a foreclosure in Fort Wayne is $86,115. One in every 687 households received a foreclosure notice in March of 2012. Data released by Trulia shows the average price per square foot for a Fort Wayne home was $50.00. The median sales price for the period January 12… Read More »
According to RealtyTrac, the average sales price for a foreclosure home in Cook County, IL is $127,081. One in every 311 households received some type of foreclosure notice in Cook County in March 2012. There are many foreclosure opportunities available for buyers/investors in Cook County. Chicago and Evanston are two major cities located in Cook… Read More »
