In case you didn’t know, Foreclosure.com has partnered with Microsoft to ensure that you have the very best (and most detailed) mapping technology possible to facilitate your nationwide home search.

How’s that good for you?

Foreclosure.com Director of Business Development, Stephen Chip, explains:

“With distressed properties, photos are often unavailable, but our customers can use the bird’s-eye view to assess the property and the neighborhood.”

That’s right, you can now take advantage of the upgraded Foreclosure.com mapping environment with key new features, including the bird’s-eye view. We know that buyers interested in properties like to see them — to look at their context (the surrounding neighborhood, the roads, etc.).

So with Virtual Earth you can locate listings on the map choosing between a road-map, a satellite-image, or combination view. What’s more, you can zoom out to view a wide area, zoom in on a single property, or use the bird’s-eye view based on low-altitude aerial images taken from all four compass directions.

To check out a complete case study of how Foreclosure.com successfully integrated the latest map technology into its system visit Microsoft.com. And to see the maps in action, of course, head over to Foreclosure.com right now.

Everything is bigger in Texas … even the huge savings on foreclosure homes about to hit the auction block!

REDC, one of the nation’s most reputable and successful real estate auction companies, is gearing up for another big weekend (Sat., Nov. 14 and Sun., Nov. 15) with several major public foreclosure sales in the “Lone Star State.”

In fact, nearly 150 properties — condominiums and townhomes, as well as single- and multi-family properties — must be sold.

Everything must go, which is the reason bids can start as low as $500!

Here is where REDC will hold its upcoming foreclosure auctions in Texas (For complete details click here):

Read the rest of this entry »

Tomorrow (Friday, Nov. 6), to be precise.

The House of Representatives today overwhelmingly (403-12) passed the initiative, which also extends the $8,000 tax credit for first-time homebuyers until April 30, 2010.

President Barack Obama is expected to officially sign off on the legislation before the upcoming weekend.

So what’s it all mean?

Essentially, if you have been living in your current home for at least five consecutive years (and you own it, of course), the federal government will reward you with up to $6,500 to purchase a new home. However, you must close on the new house no later than June 30, 2010, to receive the bonus.

It’s a great incentive for empty nesters, downsizers, upgraders and basically anyone else who wants to relocate or enjoy a change of scenery … and get rewarded for it.

Get a head start and begin your new home search today at Foreclosure.com. We have the best real estate deals in your area featured in our comprehensive database of more than 2 million nationwide listings.

Happy hunting … and congratulations in advance!

It looks like first time homebuyers will indeed have more time to take advantage of the $8,000 tax credit, which was scheduled to expire on Nov. 30, 2009, according to the New York Times.

Legislation to extend the popular program until April 30, 2010,  recently cleared a big hurdle in the U.S. Senate, receiving unanimous support among lawmakers (85-0). The initiative could land on President Obama’s desk for final approval at the end of this week or early next if it passes its next stop in the House of Representatives.

In addition to first timers, the new measure would reward existing homeowners — those who have lived at their current addresses for at least five years — with $6,500 tax credits for buying new homes.

And last but not least, the new legislation will raise the income limits for eligibility ($125,000 a year for individuals and $225,000 for couples), ensuring that more people can take advantage of the incentive.

Stay tuned for additional updates on this developing situation. For more background on the $8,000 tax credit for first time homebuyers click here.

Learn how to create an absolute fortune investing in commercial real estate using two little known strategies with advice from industry expert, Jason Gilbert.

From strip malls to mobile home parks to apartment complexes, there is a ton of money to be made with commercial real estate. Successful investors will tell you that commercial deals are often easier to do than residential and make you far more money.

Much more.

Jason will reveal how you — regardless of your credit situation and how much experience you have can (even if it’s zero) — can make a fortune with commercial income property in this FREE training course, “Make Millions with Commercial Real Estate.”

He recently released two proven strategies, Joint Venture Facilitation (JVF) and Master Lease Option (MLO), which can get you started on the path to personal riches … regardless of your current situation.

This FREE educational session is available to watch LIVE online and for FREE on Wednesday, Nov. 18, at 7 p.m. ET. CLICK HERE.

This course will cover:

• Why getting into commercial is a “no brainer”
• What keeps most people out of the commercial side
• Who is Jason Gilbert
• JVF and MLO explained
• Why you should get involved and how you can start today

Real estate investment secrets will be revealed during this special learning opportunity. Whether you are just starting out or trying to get to the next level, this is one FREE presentation that you simply cannot miss.

We look forward to having you on the Webinar!

To attend “Make Millions with Commercial Real Estate” on Wednesday, Nov. 18, at 7 p.m. ET for no cost CLICK HERE. Spots are limited and are available on a first-come, first-served basis only.

Webinars are LIVE educational sessions that let participants see, hear and interact with real estate experts right from their personal computer screens. In fact, Webinars are driven in part by visitor feedback and questions that are posed during the sessions. For more information and course offerings click here.