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Government Foreclosures. Foreclosed Homes, Properties & Real Estate Auctions
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The government acquires HUD foreclosures when a FHA borrower defaults on their mortgage and the lender forecloses. FHA insurance guarantees that the lender gets paid and title is then transferred back from the lender to HUD. HUD offers their real estate foreclosed homes for sale at deep discounted prices to buyers who intend to reside… Read More »
According to Trulia, the average price per square ft. for a Mobile, Alabama home is $72, and the median sales price during the period July 11, 2011 through September 11, 2011 was $130,000. There are currently 765 homes that have received a foreclosure notice and are in some stage of pre-foreclosure or foreclosure. During the… Read More »
There are several options available to Oklahoma distressed homeowners including a mortgage modification, refinance, short sale, reinstatement and forbearance. The other way to approach negotiations with your lender is to determine if they violated any truth and lending laws or disclosure laws at the time they made your original loan. This requires the expertise of… Read More »
There are several options available to Oklahoma distressed homeowners including a mortgage modification, refinance, short sale, reinstatement and forbearance. The other way to approach negotiations with your lender is to determine if they violated any truth and lending laws or disclosure laws at the time they made your original loan. This requires the expertise of… Read More »
Right now there are 936 homes in the pre-foreclosure, auction or bank-owned stages of the foreclosure process. Many of the pre-foreclosure homes will end up going to foreclosure as well and some will be auctioned at a sheriff’s foreclosure auction sale. The Idaho foreclosure laws require that lenders must follow the notice requirements strictly when… Read More »
Investors and buyers are attracted to distressed homes in Portland, OR because they are offered between 30% to 50% below market value and give them the opportunity to purchase homes in areas that they could not afford a few years ago. Short sales or pre-foreclosures are abundant as well. REO’s are popular among first time… Read More »
If you are looking for federal foreclosure homes in Paterson, New Jersey, you should check with government agencies including The Housing and Urban Development Department (HUD), the Veterans Administration (VA), Small Business Administration (SB) and the Federal Deposit Insurance Corporation (FDIC). The most common federal foreclosure homes are HUD and VA. You can also check… Read More »
Market trends reflect that the number of foreclosed homes in Burlington, VT was down .07% from a year ago. Accordingly to Trulia, there are currently 138 resale and new homes for sale. The average listing price for a Burlington, VT home was $429,035 for the week ending Sep 21, 2011 which was an increase of… Read More »
Buying a foreclosed home at a Hawaii auction allows you to purchase a home at a substantial discount. You should find out first if there are any liens on the home as well as if there are any unpaid taxes by ordering a full title search on the property from a title company in the… Read More »
Foreclosed homes are always sold in an “as is” condition. Before you make an offer, you should visit the home at least a couple times. If you can go there on a rainy day, that would be best to see if there are any leaks. Also, return on the weekend or in the evening so… Read More »
Investors and buyers are finding some great budget prices on foreclosure and pre-foreclosure short sales in Dayton, Ohio right now. According to Realtytrac, there were 1,529 households that receive some type of foreclosure notice during the month of September 2011. There are currently 58 properties scheduled to be sold at sheriff auctions, 89 REO real… Read More »
Investors are attracted to distressed homes because they offer great bargains and good values. Real estate investors are finding great investment opportunities right now in short sales, auction foreclosure homes and REO properties. Generally, investors are able to purchase distressed homes quicker because they have cash, and this makes their offers more attractive to distressed… Read More »
If you want an idea of what the real estate market is like in Arvada, Colorado, you can talk to just about any Arvada Realtor, and they will tell you that there are a number of good bargains to be found right now in seized homes. Trulia reported that are 375 homes that currently have… Read More »
The Realtors Confidence Index Survey conducted by the NAR indicates that foreclosure sales are declining because banks are putting them on the market in a more organized fashion so as to prevent the further dumping of distressed properties. There is still quite a high inventory of foreclosure homes available for buyers who are serious about… Read More »
You can find some great deals at Cheyenne Wyoming foreclosure auctions. There are no reasons to buy a home at full price, when you can get one at 50% below market value or less at a foreclosure auction. If you are looking for your first home or you are a seasoned investor, foreclosed homes offer… Read More »
Government foreclosures offer you an opportunity to invest in a quality home at a discounted price. When you find Washington, D.C. government foreclosed homes, you are lucky because some properties are sold up to 50% below the going market rate. HUD and VA sell their properties for deep discounts because they government is not in… Read More »
Investors are purchasing cheap Rochester, MN foreclosure homes and rehabbing them in order to lease them out or flip them and make a quick profit. When you buy a property at a foreclosure auction or your purchase a REO foreclosure from the bank, you are getting a home at a deep discount. However, most of… Read More »
If you are looking for quality foreclosed Fargo, ND homes, you can find them at foreclosure auctions and listed with local Realtors. According to data released by RealtyTrac, there are two foreclosure auction properties available and 77 bank owned REO properties. According to Trulia, there are 633 resale and new homes available for sale in… Read More »
Thousands of Baltimore homeowners are experiencing financial hardship and are having a hard time paying their mortgage payments. If you are one of them and you are falling behind or are in default, it is important to call your lender and let them know that you are experiencing a financial hardship. They will let you… Read More »
If you want an idea of what the real estate market is like in Arvada, Colorado, you can talk to just about any Arvada Realtor, and they will tell you that there are a number of good bargains to be found right now in seized homes. Trulia reported that are 375 homes that currently have… Read More »
