• Coldwell Banker Global Management Summit was a great experience. LY #
• BLASTO! Bookmark our custom URL shortener. All the cool real estaters are doing it. It’s Twitterlicious: http://blasto.ffs.cc/ TM #
• America’s Strange Homes For Sale http://bit.ly/48BBHR SC #
• Uh oh! House From ‘Rain Man’ Movie Facing Foreclosure http://bit.ly/bg0bJ TM #
• Success: If A is success in life, then A equals x plus y plus z. Work is x; y is play; and z is keeping your mouth shut. – A. Einstein SC #
• Headed to the Global Management Summit for Coldwell Banker LY #

RealtyBid.com, which has sold more than 3,000 foreclosed properties to investors throughout the nation in recent years, experienced a 211 percent increase in real estate sales last month (Sept.) when compared to the month prior (Aug.), according to a recent article in the Birmingham Business Journal.

Company CEO, Tony Isbell, attributes the surge to government moratoriums on foreclosures being lifted.

Here’s a snip:

“We expected to see bidders take advantage of the unbelievable (bank-owned) bargains we had to offer in September and they did. Year-to-date, September is by far our biggest sales month of the year and it’s our second biggest sales month ever.”

Remember that RealtyBid.com is a trusted Foreclosure.com partner — we even have a dedicated page that lists home auctions and properties located throughout the the nation.

To check and see if there are any amazing deals (currently 427 properties) in your area right now click here. Be sure to check back often because we add new listings frequently.

The national lenders that own these properties are super motivated to sell them all as quickly as possible. So if you have ever wanted to make money investing in real estate, this is a tremendous opportunity.

This is your opportunity to purchase real estate properties at greatly reduced prices. The terms of purchase are 5 percent down and a 30-day closing process.

Don’t miss out! Check out the upcoming auctions in your area right here.

That’s how Kendi Kiogora, a 28-year-old first-time home buyer, described her recent experience at a Chicago-area auction, anyway.

And when you hear about the deal (or steal) she made off with it’s hard to argue otherwise.

Kendi purchased a “one-bedroom, one-bath apartment in Chicago’s trendy South Loop neighborhood, with skyline views and heated parking, for just $105,000,” according to Reuters.com feature today. The final sale price was $62,000 less than its last listing and well below true market value.

Her good fortune is just more proof that it’s a buyers market. Plain and simple. Opportunities to buy homes at deep discounts have never been better than they are right now.

And according to Dave Webb of Hudson & Marshall, one of the biggest players in the real estate auction business, more amazing deals could flood the market in the very near future.

Here’s a snip:

“The foreclosures are going to explode again.”

Why?

Mr. Webb points to moratoriums that have or are about to expire on foreclosures, which were put in place months ago by major lending institutions and banks to minimize defaults and stabilize the market.

However, this well-intentioned move may have just delayed the inevitable and, as the report suggests, an “avalanche of new repossessions” could be on the horizon.

So keep your eyes peeled in the coming days and months for your winning real estate ticket on Foreclosure.com. Or just use our FREE foreclosure email alerts and we’ll keep our eyes peeled for you.

To check out upcoming real estate auctions from Hudson & Marshall in your area click here.

Six-time Grammy Award-winning singer, Toni Braxton, is facing foreclosure on a 2,306-square-foot condominium unit in the Century City neighborhood of Los Angeles, Calif., which she purchased for $725,000 in 1996.

Braxton, who is perhaps most well known for her smash hit “Un-Break My Heart” in the mid 1990s, reportedly defaulted on a Bank of America mortgage loan on the property, which is located at 10120 Empyrean Way. She must pay $12,503.20 or risk losing it to the bank.

This is not the first time that the 40-something diva has run into financial problems.

She filed for Chapter 7 bankruptcy protection in 1998 because of a reported $3.9 million debt. In addition, City National Bank (CNB) recently leveled a $900,000 lawsuit against Braxton, citing “breach of contract.” Lloyds of London, too, has countersued the chart topper in response to a cancellation of a string of shows.

Braxton has publicly battled pericarditis, a serious heart condition, for several years. She currently resides in a five-bedroom house in the Seven Hills area of Henderson, Nevada, as well as owns another 3,376-square-foot home in Alpharetta, Ga., according to Big Time Listings.

To check out Braxton’s foreclosure listing on Foreclosure.com click here.

Late 2010, according to the Mortgage Bankers Association (MBA), which serves as the national association that represents the real estate finance industry.

Jay Brinkmann, MBA’s the chief economist, recently shared the prediction during the group’s annual conference in San Diego, California.

Here’s a snip via Bloomberg.com:

“Foreclosure rates will continue to climb through late next year, peaking only after the U.S. unemployment rate reaches 10.2 percent in the second quarter…. ‘This recession is like a hurricane: You’ve survived the storm and you have a big mess afterwards,’ [said Brinkmann]. The effects of the recession, which he said probably ended in July, will linger for ’some time’ in the form of higher unemployment, fewer mortgage originations and lower business development, he said.”

The good news is that there appears to be light at the end of the tunnel.

In addition, it serves as yet another reminder that the “for sale” foreclosure inventory will soon begin to wane as fewer homeowners fall into distress and more buyers flood the market to capitalize on great deals.

Remember, foreclosures are often the first stop for smart house hunters and investors because of their value — you can typically get way more house and pay much less for it the closing table.

Start your search on Foreclosure.com today right here. It’s FREE for seven days. We also provide FREE email alerts, which keep you constantly on top of the best deals that pop up in your area … and you don’t even have to lift a finger. Click here.