Welcome to Real Estate Foreclosure Guide
Auctions Real Estate Foreclosure Article
. For a permanent link to this article, or to bookmark it for further reading, click here.
Risks Of Free Real Estate Foreclosure List
from:It seems like everyone out there in the real estate business is trying to sell or buy foreclosures. The most used tool used to do this is the free real estate foreclosure list. In some cases, the free real estate foreclosure list is offered on free trial for a membership site, so you can try out their services. You can get get free information from these sites, the city or county, and even government sites like HUD.gov. There are some risks involved in getting information from free sources that you should be aware of before making a final decision.
Outdated Information
Some lists aren't updated frequently enough and the information is outdated. This can cause problems if you spend a lot of time researching a specific property on the free real estate foreclosure list, only to find out it is no longer under foreclosure. In between the time the list was created, posted, and subsequently read by you, the owner may have found a way to pay back the bank, gone into bankruptcy (which stops the foreclosure process for a period of time), done a short sale, or sold conventionally. Don't waste your time assuming a property is still being foreclosed if you get it off a free real estate foreclosure list, always double-check its current status.
Insufficient Information
Obviously, the free real estate foreclosure list may not be as comprehensive as the paid ones. You want to be able to get as much information on a property before you buy: the square footage, the comparable market sales, the condition of the property, and the liens that might be outstanding. Even if you pay for a list instead of getting a free real estate foreclosure list, you will want to give the property a visual inspection and even see if you can opt to get a home inspector in too during the buying process. Some foreclosures allow you to do that, but you have to add a special clause to the contract.
Inaccurate Information
Buying foreclosures is a risky business. None of the information on a paid or free real estate foreclosure list is guaranteed. Foreclosures are sold “as is” and can come with huge repair costs and back taxes owed. You have to do your homework regardless of the information you find on a list, since it might be completely inaccurate. It is up to you, the buyer, to verify any information you get from any list, whether it is a paid or a free real estate foreclosure list.
Auctions Real Estate Foreclosure News
Save The Date of June 2nd for Micoley Auctions' FDIC Online Real Estate Auction - Midland Daily News
Save The Date of June 2nd for Micoley Auctions' FDIC Online Real Estate Auction Midland Daily News Micoley Auctions will be hosting the fast-approaching FDIC Online Real Estate Auction ending on Saturday, June 2, 2012, featuring property in Wisconsin, Michigan, Illinois and Indiana. Now is the time to register as an online bidder. |
Neuberger Berman Real Estate Securities Income Fund Inc. Announces Plan to ... - MarketWatch (press release)
Neuberger Berman Real Estate Securities Income Fund Inc. Announces Plan to ... MarketWatch (press release) NEW YORK, May 24, 2012 (BUSINESS WIRE) -- Neuberger Berman Real Estate Securities Income Fund Inc. (ASE:NRO) (the "Fund") has announced an intended schedule for redemption of its outstanding auction market preferred shares ("AMPS"). NEUBERGER BERMAN REAL ESTATE SEC INC FD : Neuberger Berman Real Estate ... |
Auction Calender for week ending May 26, 2012 - Iowa Farmer Today
Auction Calender for week ending May 26, 2012 Iowa Farmer Today Land Parkside Activities Center, Wellman, IA Hertz Real Estate Services 319-895-8858 See ad in May 12-May 26 IA issues FRI., JUNE 1, 2 PM Cerro Gordo Co. Farmland Auction Nora Springs, IA Marshall Tall Corn Farms, Inc Behr Auction Co. |
Vandergriff building posted for auction - Fort Worth Star Telegram
 Fort Worth Star Telegram | Vandergriff building posted for auction Fort Worth Star Telegram By Sandra Baker The Vandergriff Town Center in downtown Arlington has been posted for the June 5 foreclosure auction, becoming yet another victim of the sagging economy. Seen as a vital piece to the development of the core of downtown Arlington, ... |
Concierge Auctions Presents Three of the Nation's Best Buying Opportunities in ... - MarketWatch (press release)
Concierge Auctions Presents Three of the Nation's Best Buying Opportunities in ... MarketWatch (press release) KAUA'I, Hawaii, May 24, 2012 /PRNewswire via COMTEX/ -- Three luxury cottages located within Kukui'ula, an ocean view real estate development and community ripe with amenities amongst the lavish landscapes of Kaua'i, will be sold at auction on June ... |
Oakhurst Links goes up for auction July 28 - Daily Mail - Charleston
Oakhurst Links goes up for auction July 28 Daily Mail - Charleston based Greenway's Real Estate and Auction Inc. Oakhurst was built in 1884, and current owner Lewis Keller bought it in 1959. Keller, now 89 and ready to retire, told The Associated Press on Friday this isn't how he wanted to relinquish control of the ... WSET.com - ABC13W.Va.'s Oakhurst Links goes up for auction July 28 |
Apartment complex sold at auction, depleting town's affordable housing - Nashoba Publishing
Apartment complex sold at auction, depleting town's affordable housing Nashoba Publishing By Mary E. Arata, marata@nashobapub.com The four-apartment Inn on Fairbank Street, owned by the nonprofit volunteer group Harvard Trust Non Profit Properties, was sold via foreclosure auction Thursday, May 17, for $226000. The volunteer group continues ... |
Tennessee company pays $5.67 million for Virginia state fair, site - Kingsport Times News
 Kansas City Star | Tennessee company pays $5.67 million for Virginia state fair, site Kingsport Times News based Universal Fairs, successfully bid $5.35 million at an auction for the State Fair of Virginia's intellectual property as well as its real estate. He's also paying an additional $320000 for the auction house's fees, bringing the total cost to $5.67 ... Secretariat's birthplace sold Virginia property where Secretariat born is sold State fair and SportsQuest properties go on auction block Tuesday |