foreclosure sign in front of a house for foreclosures auctions

Foreclosure Market

foreclosures

Foreclosure Market

Welcome to the Foreclosure Market.

We put this section together to help you understand better what the member of Foreclosures Auctions receive.  We have links directly to the sources of house, auto, jewelry, plane, boat, and, computer sales.  There are many other items sold by the government.  These sales are held throughout the United States.

Information on government foreclosures and auctions are available on the internet…but it does take time to find them all…well with our site…government foreclosures and auctions are located in one place….

The properties that you see throughout our site are actually for sale. We can’t guarantee that these items and properties will still be available when you join Foreclosures Auctions.

First of all, what is a foreclosure?

A foreclosure is the legal process by which a lender seizes and sells a home or property after a borrower is unable to meet their repayment obligation.

What is a lis pendins?

This is the beginning of your real estate foreclosure search.  A lis pendins is a written notice that a lawsuit or legal action is going to take place.  This is usually filed in the county clerks office where the property is located.

Are foreclosures cheaper then market prices?

What you need to think about is the bank position.  No bank wants to be a real estate agent, and no bank wants to be a landlord.  They don’t want the properties that they foreclosed on, they want the money that they lent to the original purchaser.  So in reality banks just want to get out some or most of their mortgage money that went unpaid.

Some properties has little or no equity.  Many might have a mortgage underwater (house is worth less than the mortgage) so banks are willing to make deals on these properties.  It’s best to be the first one to offer to buy.  The more people offering to purchase the property the more the price might go up.

Try to offer about 75% of the market price for the house.

How to buy a foreclosure property?

First you must know who has the foreclosed property.  That’s where we at Foreclosures Auctions comes in, we have more than 200 bank links for their properties.  Once you have that link then you can see what they have and contact the bank directly.

 

Come and JOIN FORECLOSURES AUCTIONS and we can achieve goals together.  When you join Foreclosures Auctions you’ll find links and information that will lead you directly to the source of the property.

Foreclosures Auctions – Foreclosures, Auctions, Grants, Tax Liens and more…Thank You for visiting…

We thank you for visiting our site…and we hope that you do join us in the real estate investing circle. We’re the source for government foreclosures, bank foreclosures, auctions, grants, real estate investing and tax lien certificates. We’ve compiled some of the best information on or offline.

Look at what we have to offer. We know that you see that it’s a great opportunity for success in the future. You must give up just hoping and wishing for a change. Take your growth and success into your own hands.

We hope that you join us and we can grow together.

Take Care.

 

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