Articles about Auctions

Rising foreclosures are seeing the emergence of a new kind of transaction: the short sale. Unheard of even until a few years ago, these sales involve homeowners selling their homes for less than the amount of their mortgage. The sale is carried out in agreement with the bank, to avoid a foreclosure.

In the Hamptons, [...]

As more and more foreclosures increase due to homeowners falling behind their mortgage deals, there leaves little to be written or left on account of mortgage payments. The number of filings is slow to be delivered, and the driving number of homes on foreclosure is rising by 65% more, compared to the same time [...]

 
The foreclosure rate has been soaring and has jumped up by 57 percent in January over last year as lenders are taking possession of more and more houses. The lenders take possession of houses when they have been able to sell off these properties at auctions.
Across the country in January, over 233,001 homes were served [...]

An increasing number of home sales are attributed to foreclosures, more so in areas that are affected the most in this real estate crisis. According to data from the Associated Press, comparison of 2007 foreclosure data shows that there is more pressure for dipping house prices not only in areas of Colorado, Michigan, Nevada and [...]

Midland County has achieved a lower rate of foreclosures in the year 2007 as compared to year 2006!! And the credit goes to Mr. Richard Enszer, Treasurer for Midland County.
With a goal to reduce rate of foreclosure and help people retain their real estate investments, Mr. Enszer has visited the poorest of families in Midland [...]