Foreclosure.com Director of Education, Linda Yates, will be featured on a panel of knowledgeable experts at the ERA® ‘Saving the Dream of Homeownership’ Seminar, which is scheduled for the Sheraton Music City Hotel in Nashville, Tenn., on Friday, Jan. 15, 2010.

Yates and the other presenters will address the needs, questions and concerns of consumers regarding the purchase of foreclosed and/or short sale homes. In addition, information on how to prevent foreclosure will also be made available.

“The clock is ticking to capitalize on the best real estate conditions buyers and investors have come across in literally decades,” said Yates. “Record-low home prices and interest rates, as well as limited-time government tax incentives, have created the ‘perfect storm’ for future homeowners.”

The educational seminar, which is free to attend and open to the public, will be held from 3 to 6 p.m. ET. Seats are available on a first-come, first-served basis.

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(To read the actual article be sure to head over to WJZ.com.)

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):

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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!

Remember that you can check out when the REDC foreclosure auction train will pull into your town right here (Click the link to see complete nationwide schedule). To search for other foreclosed homes in Tennessee and elsewhere throughout the nation click here.