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Can I save money buying at foreclosure auction?

... Current research shows that 70% of preforeclosure and auction amounts are discounted an average of 19%, and 31% of preforeclosure and auction amounts are discounted 30% or more by the lender. Does that translate to 101% Does that translate to 101% of the auction amounts being available on the market? Nope, in this case the 31% ...

Forum topic - MaryM - 04/30/2008 - 1:20am - 5 comments

How do I buy a foreclosure at an auction?

... bid at a Trustee Sale? Do I need all of the money at the auction? ‹ How do I find out when and where an auction will be, plus the openning bid? What does "Non-judicial" ...

Forum topic - MaryM - 04/15/2008 - 11:19pm - 3 comments

What banks are offering favorable prices to investors in California?

... a house that sold for ~$750k in 05, sell at trustee sale auction for ~$265k last week, yet a similiar house sold at a bank auction this weekend for ~$425k (I'm estimating, but this is close). Anyone ...

Forum topic - wrsi - 05/02/2008 - 5:06pm - 19 comments

How do I find out when and where an auction will be, plus the openning bid?

... country wide for $4 How do I buy a foreclosure at an auction? › Hello,   It definitely Hello,   It definitely ... a subscriber of ForeclosureRadar, you can just look under Auction Details on the Opportunity Details tab for "Sale Location". "Sale ...

Forum topic - a_madrone - 05/10/2008 - 9:21pm - 1 comment

What is required when bidding at an auction?

... - don't get caught up in bidding, or in what others at the auction may tell you. If it is a competitive bidding situation you should ... It is easy to tell the difference because these bank auction events are slick marketing events designed to maximize price. The real ...

Forum topic - bigtoe11984 - 05/20/2008 - 4:03pm - 2 comments

Foreclosure crisis gets personal for Rep. Laura Richardson

... is not in foreclosure..." Having been sold at auction on May 7, 2007 with the Trustees Deed transfering the property recorded ... not be "seized by the bank" as it was also sold at the auction to a 3rd party investor - Jim York's Red Rock Mortgage. As such seizing ...

Blog entry - Sean - 05/23/2008 - 5:13pm - 11 comments

What does "Non-judicial" mean and do you need the whole amount at auction?

I can find very little information about the auction process in my state, FL. Do you have to pay for the entire property the ... mean? ‹ How do I buy a foreclosure at an auction? How do I find available foreclosures? › Hi Mike, In ... While there are many challenges to buying foreclosures at auction, showing up at the sales each day with that much cash is often one of ...

Forum topic - Mike33 - 04/16/2008 - 2:58pm - 1 comment

Which liens are not wiped out at the Trustee Sale ?

... in between the time of a preliminary title report and the auction ? Would title insurance protect  against such a case ? Sorry for ... the day before the sale to try and sucker folks in at the auction - but it was clearly fraudulent and the sale was overturned). I'm not ...

Forum topic - TnMan2 - 05/26/2008 - 11:22pm - 6 comments

Can I attend an auction without a Realtor?

Can I attend an auction without a Realtor? ‹ Where are the auctions held? ... qualifications other than cash As an experienced auction investor our Founder regularly used an experienced agent to help with the process. (Buying at Auction) ...

Forum topic - Doug - 04/02/2008 - 1:51pm - 1 comment

What are my responsibilities in letting my home go into foreclosure?

... the IRS in paying off the difference of the sale price at auction and the difference of my loan? Also what about capital gains from ...

Forum topic - Mary - 04/15/2008 - 10:26pm - 4 comments

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