Sentences with phrase «foreclosure auction»

A "foreclosure auction" is when a property that the owner failed to pay for is being sold in order to cover the debt. Full definition
The investment company uses these funds to purchase property at foreclosure auctions.
However the company also reports that overall foreclosure activity increased last year in 10 states and scheduled foreclosure auctions in judicial process states were the highest in three years.
So my answers here are based on my experiences at the normal county foreclosure auctions.
As few as 75 days may pass from the time a property owner receives a notice of default until the property is sold at a public foreclosure auction sale.
In an attempt to recover unpaid mortgage payments, lenders have the legal ability to sell a home through foreclosure auction.
We say all this to be transparent about foreclosure auctions.
Once there, you'll see a list of upcoming events such as this month's rabies clinics, the county's tax foreclosure auction or our pharmaceutical drop - off.
Last year you would see camera crews at the real foreclosure auction, now they pay actors and create drama.
The auction scenes are not even filmed at the actual foreclosure auction any more.
I don't know about everyone else on BP but it seems to me that most foreclosure auction guys are the same.
Whole teams appeared on the courthouse steps for monthly foreclosure auctions, prompting eight bids where they used to be one.
Below are links to foreclosure auction companies and auction foreclosure trustees who conduct the auction sales.
To say we have seen everything there is to see at foreclosure auctions would probably be an understatement.
All county foreclosure auctions were suspended after 2005, but staff was never restored.
For example, my niche is trustee / foreclosure auction sales, deal and market analysis, negotiations and marketing.
VERISTONE CAPITAL DEALSHEET LOAN AMOUNT: $ 57,000 FINAL SALES PRICE: $ 103,500 LOAN DATE: January 2013 to March 2013 LOCATION: Renton, King County Washington TYPE: Auction Loan, 12 month Term DETAILS: The subject property was sold at King County foreclosure auction for $ 65,000 in January 2013.
LIBERTY CAPITAL DEALSHEET LOAN AMOUNT: $ 97,000 FINAL SALES PRICE: $ 189,950 LOAN DATE: Funded - October 2012, Paid Off - January 2013 LOCATION: Marysville, Snohomish County - Residential TYPE: Foreclosure Auction Loan - 9 month Term DETAILS: The borrower, who has extensive experience in building and remodeling residential houses, purchased the property at the Snohomish County foreclosure auction using Liberty Capital Real Estate Services data and a Liberty Capital Network Realtor.
A moratorium on all foreclosures could cause home sales to plummet, as mortgage lenders can not sell foreclosed homes until they acquire the title through a sheriff's sale or public foreclosure auction.
ATTOM Data Solutions, released its Q3 2017 U.S. Home Sales Report shows that distressed home sales — including bank - owned (REO) sales, third - party foreclosure auction sales, and short sales which accounted... more
Gamma, the lender, took over the property in a December foreclosure auction.
A dwindling shadow inventory and a drop in new foreclosure auction notices is putting less pressure on nondistressed home prices, according to a new report by CoreLogic.
We went into the room where they do the auction, and didn't look as out of place as I had originally thought we would - I had attended an auction as research before, but it was a regular foreclosure auction, and there were a bunch of lawyers dressed like what I assume actual adults are supposed to dress like - ties, pants suits, etc..
CNBC's Robert Frank reports that a penthouse in Manhattan's One57 luxury tower was just sold in New York City's biggest foreclosure auction.
The 6,200 - square - foot, full - floor unit at One57 is scheduled to go to foreclosure auction next month, according to Bloomberg.
Another apartment that sold for $ 21 million at One57 went to foreclosure auction earlier this month, but there's no word yet on the result.
Generally, the earliest date the home can be sold at a Massachusetts foreclosure auction is 196 days after the initial missed mortgage payment.
Of the 318 city foreclosure auctions that took place in July, 63 percent were properties in Queens, the councilman said.
The third - party investors are gaining a bigger share of a shrinking pie, as foreclosure auctions made up 8 percent of all home sales in June, the lowest since August 2006.
«After a surge in short sales in late 2011 and early 2012, the favored disposition method for distressed properties is shifting back toward the more traditional foreclosure auction sales and bank - owned sales,» says Daren Blomquist, vice president at RealtyTrac.
The same legal notices that cover foreclosure auctions also announce auctions for properties being auctioned for bankruptcy or divorce.
By auctions I mean foreclosure auctions, tax delinquent property auctions, private auctions, sheriff's sales, bankruptcy auctions and more.
The REO property did not find a buyer during foreclosure auction.
A show about foreclosure auctions called «Betting the House» started filming auctions in Phoenix in September 2011, the exact bottom of the market for home prices.»
Leslie Mathis, myself and the rest of the attendees wanted to thank Bill and Kim Cook for speaking last night (3/28/11) at the Atlanta REIA West Meeting at the Cherokee Cattle Company on the fascinating topic of how to buy houses at the courthouse foreclosure auction.
If you don't believe me, you can read about the Department of Justice criminal investigation that has yielded over 40 guilty pleas in bid - rigging in Northern California foreclosure auctions.
In January, the number of New York foreclosure auctions reached 527, the highest monthly level since October 2010, according to data firm RealtyTrac.
Just attended my first LA foreclosure auction this morning.
«The number of future foreclosure auctions scheduled in January continued to increase in many states, foreshadowing more foreclosure spring cleaning to come in the next several months in those states,» said Daren Blomquist, a RealtyTrac vice president.
[break] Washington State's distressed real estate market offers significant opportunities for local investors seeking to fix up and resell foreclosure auction properties and distressed homes at a profit.
(MCT)-- Seasoned real estate investor Kurt De Meire led an eager group of students on a field trip to a recent foreclosure auction.
Some HOAs are postponing foreclosure auctions and instead trying to encourage delinquent home owners to do a short sale.
The Department of Justice (DOJ) announced earlier this week that a group of Mississippi real estate investors plead guilty for their roles in a conspiracy to rig bids at public real estate foreclosure auctions.
Florida was one of the top 10 states with the biggest jump in scheduled judicial foreclosure auctions as Florida was up by 32 %.
Meanwhile, institutional buyers made up about 38 percent of those investor purchases at foreclosure auctions in June, down from a steady trend of around 50 percent in the first five years of the expansion, the data show.
Bid4Assets conducts federal forfeiture auctions for the U. S. Marshals Service and has conducted online tax foreclosure auctions for over 75 counties nationwide.
Many Wall Street investors followed, amassing about 200,000 homes largely through foreclosure auctions and purchases of individual properties, to take advantage of the lowest homeownership rate in decades.
a b c d e f g h i j k l m n o p q r s t u v w x y z