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Government Foreclosures. Foreclosed Homes, Properties & Real Estate Auctions
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HUD acquires foreclosed homes from banks when their borrowers default on their FHA loans. FHA insurance pays the banks off and HUD acquires ownership of the foreclosed homes. HUD then offers their properties for sale to buyers who are purchasing them as their primary residence through foreclosure auctions. You can purchase a HUD foreclosed Mesquite,… Read More »
If you are looking for a town that has superior bank and foreclosure property opportunities, then check out Portsmouth, VA. Investors and first-time home buyers have been flocking to Portsmouth, recognizing the incredible opportunities it offers investors to invest in good quality cheap homes. While bidding on a property at a foreclosure auction held at… Read More »
If you are looking for a Florida city that offers value, check out Hialeah, FL. You will find a rich culturally diverse town with a Spanish and Cuban heritage. Hialeah is known for its famous race track which opened in 1925. Sports enthusiasts enjoy the Florida Marlins and the Miami Heat and Miami Dolphins just… Read More »
When FHA borrowers default on their FHA loans or veterans default on their VA loans, the bank forecloses and FHA or VA pays the bank their losses. HUD acquires ownership to the FHA homes. The HUD and VA homes are then offered for sale to buyers who plan on using them as their primary residences… Read More »
There are many reasons to invest in Provo, UT real estate. It offers residents affordable housing, quality health care and good schools. Provo is business friendly and attracts many corporations. There are cultural events. Provo is home to Bringham Young University and Utah Valley State College. Great skiing is just an hour’s drive away. There… Read More »
Killeen, Texas boasts a friendly city atmosphere with a diverse economy and a good school system. Killeen has become a very popular relocation destination offering a variety of home styles and affordable prices. You will find a selection of condos, town homes and single-family homes. Average price per square foot for a home is $53.00.… Read More »
Clarksville, TN is the 9th fastest growing city in the nation. Clarksville’s low cost of living and mild four season climate are two reasons to own and invest in foreclosed homes and bank repossessions in the Clarksville and surrounding areas. Woodlawn, Cunningham, Oakwood, Sango, Dotsonville, Oakridge, Clarksville, Port Royal, Tarsus, Orgains Crossroads, Rossview, Needmore, Cunningham,… Read More »
According to the National Association of Realtors, they expect the home market is expected to remain stable despite the foreclosures that are predicted to keep coming on the market throughout 2011. However, the NAR expects that as long as there is steady demand for housing. November pending home sales increased 3.5, which the NAR sees… Read More »
Erie foreclosure auctions are a great place to find bargain properties because the properties are sold way below market value. Foreclosure auctions offer investors an opportunity to pick up properties with built in equity. Erie is the fourth largest community in Pennsylvania. Check the local court house records or on line auction websites to find… Read More »
There are many good foreclosure bargains in the San Bernardino and surrounding areas for you to purchase. Prices are affordable and inventory is abundant. With the New Year, it’s a good time to get going and find your San Bernardino real estate treasure. According to the National Association of Realtors, home sales in the west… Read More »
The Richmond, CA area continues to offer a variety of home styles and prices. There is plenty of inventory right now and quality Richmond foreclosures can be found in pretty much most price ranges and neighborhoods. The average price per square foot for a home in Richmond is $148. The median sales price for the… Read More »
San Diego has a large inventory of foreclosed properties. As of the week ending December 15th, there were 7,028 homes in some stage of foreclosure. The average listing price for San Diego homes was $555,174 for the week ending Dec 15, which was a decrease of 7.2% compared to the previous week. The average price… Read More »
Columbia, Missouri is the largest metropolitan center in Boone County. Here you will find the University of Missouri, a major research institution in the area, and the area’s largest employer. Columbia boasts the fact that it has a consistent low cost of living. Corporations such as Kraft Foods, State Farm Insurance, Boone Hospital Center and… Read More »
Current economic and real estate market conditions in California offer investors and buyers an opportunity to purchase property foreclosure properties. You might want to start by looking at Concord Bank to see if they have properties that meet in your criteria and price range. Concord’s foreclosures are advertised on the Internet and with local Realtors.… Read More »
One in every 711 homes in Virginia received a foreclosure notice in November 2010. With such a high rate of foreclosure, there are many cheap homes for sale at Alexandria Virginia foreclosure auctions. The average sales price for a foreclosure in Virginia is $177,460. There are a large number of foreclosure properties available in zip… Read More »
Buyers who are looking for bargain homes should check out Allentown, PA. There were 766 homes in some stage of foreclosure the first week of December. The average listing price for Allentown homes is $167,458. There are some great bargain priced foreclosed and resale homes in the Lehigh Valley right now. Allentown, Bethlehem and Easton… Read More »
If you are looking for real estate short sales, there is no shortage in Dallas, TX. In fact, Dallas offers some of the best investment opportunities right now. A short sale property is where the seller still owns the property, but they are upside down on their mortgage, and they cannot sell the home to… Read More »
California has a large population and huge selection of homes available for sale. Many of them are for sale by owners. They are referred to FSBO’s. Most people who sell their homes without a real estate are trying to save money on the commission. If you are working with a real estate agent and you… Read More »
South Bend is one of Northern Indiana’s fastest growing cities. Home to Notre Dame and five other area colleges. You will find South Bend a diverse cultural and entertainment city rich in history. If you are looking for foreclosed homes in South Bend, you will find a wide variety of homes to inspect in all… Read More »
When a Topeka homeowner defaults on their property taxes, the taxes become delinquent. The county can foreclose and conduct a tax deed sale at a public auction. Investors and buyers can purchase the tax defaulted property for the amount of back taxes and any fees or costs to the highest bidder for cash. The auction… Read More »
