Bank & Property Foreclosure Auctions
Visit the Sites that Scored Best Now: (Reviews below)
Foreclosures 1st Choice: RealtyTrac & 2nd choice:
* See Foreclosure Listings now? Foreclosure
Bank Foreclosure Auctions and Tax Sale Properties offer a way to acquire their homes at incredible prices, sometimes saving as much as 30% to 90% on the price of their home.
For first-time buyers or investors looking to profit from
buying, renting out or
flipping real estate, foreclosures,
preforeclosures and tax sales are the answer.
homes or property that are about to go into foreclosure. This is
where some of the best deals can be made, before they
are seen by every real estate broker and buyer on the planet.
These are generally negotiated directly with the owner, who is eager
to avoid the hassles of foreclosure.
lien and tax deed tax sale properties are also very lucrative investments. Tax liens certificates are risk free and simple because you don't actually take ownership of a property or home. Instead you provide a homeowner a loan, at a good interest rate, so they can pay their land taxes. It's risk free because if for any reason that homeowner defaults on any part of the loan you take immediate ownership of the house. This is how low-middle income people retain nice homes/properties with only a $1,000-$5,000 investment. Expired Tax Liens and Tax Deeds also cover defaulted land taxes, but the difference is you retain the home/property immediately. Further details can be found in the article Tax Sale Properties.
here? The most important criteria in selecting one of
these sites are
1) Number of Listings; do they have plenty of
2) Current Listings; do they have the most
up-to-the-minute information from banks & sellers?
Detailed Contact, Property and Area Information; do these sites
give you the right information to compare properties and make
informed profitable decisions?
Rating: 10 of
RealtyTrac is considered to be the gateway
into the property foreclosure auctions industry. In fact they provide most of the foreclosure statistics to the media (such as CNBC and CNN). It's not just Realty Trac's 1.9 million plus pre-foreclosure, foreclosures, tax sale properties (tax
liens and tax deeds described above), FSBO, and Resale MLS that make it appealing. It's also their ability to focus on providing appropropriate property data that
allows you to understand the current and potential value of a property, as well as point out any possible red flags. This site is so thorough with relevent foreclosure information many investors buy properties based on this unbiased information. RealtyTrac also provides complete 'buying foreclosures' training/mentoring with daily foreclosure email alerts, so you're aware of the best deals first!
- With a large property listing (<- click to
see their listings) of 1.9 million (1.5 million foreclosures)
combined with it's depth of relevent, easy access
information, make it America's most visited property foreclosure auctions site. An
interactive map allows bird's eye property viewing, then drill down for detailed pictures.
To see photos of sampled listings (1 house for $1,000
in NE, and 9 under $11,000) click NorthWest,
This site is so well respected it's one of realtors first choice
for listing properties and matching price conscious home
buyers. There is also a whole section on how to post your own home for
Property & Neighborhoood Information such as:
Info - When it has details on all houses sold in the
nearby area within the last year well you can guess that
basic contact info will be
Section on evaluating the current and potential resale
- Interactive map interface; multiple property
- Each properties foreclosure details, lien and loan history, historic price trends, comparable listings and sales
- Know property street value and price direction
- Dynamic searching (eg. find 3 bdrm
foreclosures in my ZIP for under $10,000)
- Know neighborhood/county/state price trends over the
last year (click here to see)
- Guide to finding hidden gem neighborhoods with low housing
prices, ready to appreciate quickly
Bonus - Some Helpful Unique
Price: FREE membership with this form -> Realty
Trac FREE Membership.
- Step-by step tutorial of the
foreclosure buying process
- Portfolio Property Management -
Track and compare properties that interest you
- RealtyTrac Agent Network to assist you in your search
- Full home improvement section providing tips on increasing
- Education Center on how to profit from foreclosures
- Free email alerts to get first notice of best property foreclosure auction
- Free access to your credit score to calculate your borrowing
- Free issues of Foreclosure News Report (voted best Newsletter by the Association of Real Estate Editors) and free Monthly Bank Foreclosure Auctions Reports
Even if you cancel membership and pay nothing, keep Foreclosure News and Foreclosure Reports and these included Bonuses, currently sold for over $100.
RealtyTrac did not engage in any of the shady or questionable practices we've seen on some sites.
of 10 BONUSES
Government Auctions is a one-stop-shop
site which consistently has newest listings including
preforeclosures, foreclosures and tax sale properties (tax
liens and tax deeds). It also has
extensive non-government For Sale By Owner (FSBO) lists so you
have the widest range of discounted houses from the widest range of
sources, and never pay realtor fees again.
Listings - More
listings = good; fewer listings = bad. Two types of listings
included. The first is a list of every upcoming real estate auction
in your area from all bankruptcies and government agencies. It has
detailed info on local, state/province, and federal auctions listed
in the US & Canada. The second list or sublist contains every
individual preforeclosure, foreclosure, FSBO (sale by owner) and tax sale properties. We counted over 500,000 property
listings, including banks and FSBO (For Sale By Owner).
Each has property details and most have pictures of the property. If
you're trying to make or save money, and want the largest number of
choices, then this is your one stop dream site. The only reason it is
has been reduced to a 9 from 10 is because it doesn't have the depth
of information per property and foreclosure training/mentoring that foreclosure.com has (see above).
For general foreclosure listing information along with other types of
government auctions for vehicles and merchandise this site remains untouchable.
Preforeclosures and Tax Sale Properties
- Many hidden gem listings here! This is where you can really
do well buying discounted distressed houses, often for under $2,000.
Contact/Property Info - Too many of the auction sites don't provide contact
info; again, these guys get it right. Almost every listing has
direct contact info: name address, phone number, etc.
Bonus - With purchase using any link on this page they are also providing a voucher worth more $400 for a 3 day stay in one of any 60 Resorts in the US, Mexico and Hawaii (not a time share promotion or anything like that).
We grabbed ours and used it. This alone paid for our membership many times
Price: FREE GovernmentAuctions.org Limited Time Membership
Even if you cancel your membership and pay nothing, keep the $400 Resort Voucher and these included
not engage in any of the shady or questionable practices we've seen
on many of the sites.
Seized Properties Live News
The Anti-Corruption Commission (ACC) has taken over the management of seized properties from Mr Henry Kapoko, the former Human Resource Manager at the Ministry of Health.
Publ.Date : Wed, 03 Sep 2014 09:22:51 -0700
Government officials and employees found to have enriched themselves while in public service through unlawful acquisition of properties should be prosecuted under a bill criminalizing such an illegal act.
Publ.Date : Tue, 26 Aug 2014 18:14:49 -0700
Honduras’ crackdown on the drug trade has netted the Central American nation not just tons of seized illegal drugs and locked a number of narco-traffickers into handcuffs, it also has made the government the proud owner of a bunch of maritime prizes.
Publ.Date : Wed, 10 Sep 2014 10:04:05 -0700
AGENTS FROM the Anti-Money Laundering Office yesterday raided a number of properties covering a vast area in Nakhon Ratchasima province, allegedly illegally acquired by a well-known businessman over two decades ago.
Publ.Date : Fri, 22 Aug 2014 10:51:11 -0700
THE government has dispatched a legal team to Brussels, Belgium to intervene after the European country last week allowed South African firm Amari Platinum Holdings to seize $45m earned in diamond revenue, in order to recover a $500m debt.
Publ.Date : Fri, 19 Sep 2014 20:57:27 -0700
TEGUCIGALPA, Honduras (AP) — A fugitive Honduran government official suspected of misappropriating as much as $330 million from the country's social security program was arrested on Tuesday.
Publ.Date : Tue, 09 Sep 2014 14:45:55 -0700
As real estate deals go, they weren’t blockbusters. A few commercial properties here and there, some vacant lots, an abandoned hot tub factory in East Texas — most bought at foreclosure sales or through government seizures.
Publ.Date : Sat, 06 Sep 2014 21:55:57 -0700
The government has raised P157.7 million after auctioning off valuable properties earlier recovered from the estate of one of the cronies of former President Ferdinand Marcos, according to the Presidential Commission on Good Government (PCGG). The PCGG said it successfully sold through bidding real estate properties in North Greenhills in San Juan (727 square meters), Valle Verde III in Pasig ...
Publ.Date : Fri, 05 Sep 2014 12:24:50 -0700
By Matt Siegel SYDNEY (Reuters) - Intelligence "chatter" has revealed that militants plan to attack Australian politicians and government buildings, the prime minister said on Friday, a day after hundreds of police carried out a sweeping counter-terrorism operation. Prime Minister Tony Abbott said he had ordered security boosted at Parliament House in Canberra, amid mounting concerns over the ...
Publ.Date : Thu, 18 Sep 2014 20:38:51 -0700
A proposed law in the 16th Congress would hold criminally liable government officials and employees who enriched themselves through unlawful acquisition of properties while in public service. Rep. Rufus Rodriguez (2nd District, Cagayan de Oro City), the author of House Bill (HB) No.4734, said his measure could serve as an effective deterrent against the acquisition of ill-gotten wealth among ...
Publ.Date : Wed, 27 Aug 2014 10:27:17 -0700
Property Foreclosure Auctions Live News
A research report and community groups say that the government should give nonprofit organizations a better chance of competing against private investment firms in the bidding to buy distressed mortgages.
Publ.Date : Fri, 05 Sep 2014 15:22:18 -0700
The Greeks heading to Paris next week for a series of meetings with the country’s creditor representatives will have a loaded agenda. Led by five ministers, the mission’s objective is to smooth the way for the troika’s next inspection.
Publ.Date : Fri, 29 Aug 2014 10:57:41 -0700
A program designed to help prop up the Federal Housing Administration is short-changing borrowers and neighborhoods hard-hit by foreclosures, community groups said as they took to the streets to push for changes.
Publ.Date : Wed, 10 Sep 2014 11:44:46 -0700
The U.S. Federal Housing Administration started selling distressed loans in 2012 to help communities hit hard by foreclosures while also reducing losses to its taxpayer-backed insurance fund.
Publ.Date : Mon, 08 Sep 2014 09:07:48 -0700
RealtyTrac® , the leading online marketplace for real estate data, today released an August 2014 Colorado Foreclosure Market Report™ which shows a total of 1,478 Colorado properties with a foreclosure ...
Publ.Date : Wed, 10 Sep 2014 21:01:00 -0700
RealtyTrac® , the nation's leading source for comprehensive housing data, today released its U.S. Foreclosure Market Report™ for August 2014, which shows foreclosure filings -- default notices, scheduled ...
Publ.Date : Wed, 10 Sep 2014 21:01:00 -0700
REUTERS AMERICA AFTERNOON NEWS PLAN FOR THURSDAY SEPT 11 LATEST AND PLANNED U.S. NEWS COVERAGE Top stories as of 9:45 a.m. on Thursday. To find stories, search by Slug or Headline Keyword in your CMS or ...
Publ.Date : Thu, 11 Sep 2014 06:45:25 -0700
RealtyTrac® , the nation's leading source for comprehensive housing data, today released its July 2014 U.S Residential & Foreclosure Sales Report, which shows that U.S. residential properties, including ...
Publ.Date : Wed, 27 Aug 2014 21:01:00 -0700
BLACKSBURG — All of the painful lessons about learning how to handle prosperity were supposed to have sunk in by now, but Virginia Tech still hasn't figured it out.
Publ.Date : Sat, 13 Sep 2014 17:41:14 -0700
VCR Legals September 11, 2014
Publ.Date : Wed, 10 Sep 2014 13:32:43 -0700