REO Properties

You are currently browsing the archive for the REO Properties category.

It’s a recurring theme at Foreclosure.com: You ask, we deliver.

In response to overwhelming demand, we recently enhanced our popular “Foreclosure Alerts,” enabling you to now track foreclosure filings on a street level.

Ever wonder, “How can I find foreclosed homes for sale on my street?” Or, “How can I find out if my neighbor is foreclosure?”

Well, now you can get the answers to these types of questions emailed directly to you the moment they happen. And it won’t cost you a single penny.

That’s right, our “Foreclosure Street Alerts” are totally FREE and require zero obligation.

How does it work?

It’s simple: Just provide us with the desired street name and its corresponding zip code. We do the rest.

Want to watch streets in more than one neighborhood? No problem. Foreclosure.com allows you to monitor up to 10 different streets all at once.

So whether you’re waiting for a vacancy to open up on your favorite block or you’re just plain curious, “Foreclosure Street Alerts” ensure that you catch everything in your crosshairs before someone else does.

Sign up today to receive daily “Foreclosure Street Alerts” with no obligation. It’s quick and easy. Did we mention it’s also FREE? Click here.

No comments

Foreclosed homes can often sit vacant for months, even a year or more, until the banks are able to market and sell them effectively.

Many homes even sit vacant for months before the foreclosure process begins, with cash-strapped homeowners just “walking away” because they see the writing on the wall.

It doesn’t take long to notice a foreclosure: Untidy yards, tall grass and overstuffed mailboxes are dead giveaways that no one is home.

These signs often attract a criminal element and scavengers who are looking to strip empty houses of anything valuable and resell it elsewhere for cash.

It’s a sad situation. And one that made Jill Lane of Seattle, Wash., downright ill.

So she decided to do something about it, moving into an abandoned $3.3 million mansion, changing the locks and doing everything else as if she and her family were the rightful owners.

There was just one problem: They clearly weren’t. She was arrested on charges of trespassing two weeks after she set up shop, according to Money Central.

But Jill is certainly not alone. “Squatters” are throwing stakes their stakes down just about everywhere throughout the nation, in some cases, claiming “adverse possession.”

What’s adverse possession? Here’s a brief description:

Read the rest of this entry »

No comments

Foreclosures continue to account for about a third of all existing homes sold in the United States, according to a report released today by the National Association of REALTORS® (NAR).

The May 2010 figures indicate that distressed real estate is still in high demand, representing 31 percent of completed transactions in the month that included single-family, townhomes, condominiums and co-ops.

By comparison, distressed home sales hovered around 33 percent of the market share in the previous month (it was also 33 percent in May 2009).

Overall, existing home sales were down 2.2 percent “from an upwardly revised surge of 5.79 million units in April.”

NAR President Vicki Cox Golder provides context:

“With distressed sales at roughly the same level as a year ago, the gain in home prices is a hopeful sign that the market is in a good position to stand on its own without further government stimulus. Very affordable mortgage interest rates and stabilizing home prices are encouraging home buyers who were on the sidelines during most of the boom and bust cycle.”

To start your home search today click here. Foreclosure.com has the best real estate deals in your area … so you better find them fast before someone else does!

No comments

Boca Raton, Fla. — June 15, 2010 — Foreclosure.com today announced that it has added another dynamic training program to the agent-focused certification opportunities that it offers through The Agent University.

The REDC Certified Auction Agent program will help agents — and their buyers — capitalize on the many foreclosed home auctions held by Real Estate Disposition, LLC (REDC) each year. In fact, REDC — one of the most reputable and successful real estate auction companies in the nation — is on pace to hold more than 500 events throughout the United States in 2010 alone.

“Certified REDC auction agents will promote confidence among their buyers that they understand the auction process and know how to get the best deals possible,” says Foreclosure.com Director of Education, Linda Yates. “It’s a strategic move that agents and brokers need to add to their businesses — the potential is off the charts.”

In addition to being the leading real estate auction marketing firm in the country, the REDC group of companies also provides real estate brokerage services, asset management and short sale facilitation. The company has established a dominant position in its industry by selling more than $6 billion in real estate assets at auction in 2008 and 2009 alone.

“This certification is yet another tool that REDC provides agents to be successful in the ever-changing distressed real estate market,” says Dave Lee, REDC Senior Vice President of Client Services. “It’s a fantastic way for them to catch and ride this default tidal wave for as long as it lasts.”

Interested agents need to successfully complete a comprehensive, one-time online educational course to earn their REDC certifications.

For more information regarding the REDC Certified Auction Agent program please visit http://redc.theagentuniversity.com or call us at (866) 382-4445.

Whether it’s online or at a live ballroom mega-auction, REDC Certified Auction Agents will understand how to place successful bids for the benefit of their buyers and earn commissions in the process.

Other REDC Certified Auction Agent benefits include:

Read the rest of this entry »

No comments

Where judges “wipe out” mortgages and punish “contemptuous” lawyers.

It recently happened to a down-on-his-luck Aventura, Fla., man, Orlando Eslava, who just wanted to modify his existing $414,000 loan, according to Law.com.

Eslava got way more than that thanks to a fed-up judge and a lawyer who “misunderstood” the foreclosure process. In fact, his entire mortgage was canceled.

True story.

Here’s a snip from Miami-Dade Circuit Court Judge Jennifer Bailey, who issued the ruling:

Read the rest of this entry »

1 comment
Page 7 of 23« First...456789101120...Last »
Privacy Policy | Terms and Conditions of Service
© Foreclosure.com / ForeclosureFreeSearch, Inc. 1999-2012. All Rights Reserved.

Foreclosures | Foreclosure Listings