Entries Tagged as 'Foreclosure Auction'

Foreclosure auctions are becoming more and more popular and drawing many bidders. On 22nd March Sunday, the Seymour family drove all the way from Greenville to Dallas to try and buy their first house. There were 200 others like them crowding in the airport hotel to participate in an auction where about two- dozen foreclosed houses would be put up for bidding.

[Read more →]

The grape vine is that one can own an affordable house once again during these troubled times. But it is better to know ahead how to navigate through foreclosure auction events before actually participating. There are two types of auctions – the Sheriff’s auction is conducted on the steps of the court and the bank-repossessed units are auctioned by the banks through professional auction houses.

[Read more →]

An incident at a foreclosure auction brought out the humane side of mankind. The heroine of the piece is Marilyn Mock. She acted on the spur of the moment and drew the attention of a grateful nation reeling under the cruel lashes of the foreclosure tsunami.

[Read more →]

In Southern California the weather is grim – real estate market is falling while bank foreclosures are rising. It has become a hunting ground for those prowling around for quick bucks but it does not apply to everybody. There are many who are sitting on the fence and watching but the offers from bank owned [...]

[Read more →]

About 200 valley houses were up for foreclosure auction. Nearly two thousand people turned up – albeit mainly as onlookers. At the Mesa Convention Center the auction was held for two days and was conducted by Hudson & Marshall. This could well kick off a trend. The value of the houses standing on the block [...]

[Read more →]

A couple of weeks have made a lot of difference to Mel Schell who had offered to buy a foreclosed house for $180,000. But the bank had wanted $210,000. Three weeks later Schell came to an auction out of curiosity when he heard that the house was listed among 60 others scheduled for auction on [...]

[Read more →]

An auction is going on full swing. The Smiths have come with their toddler son and 7-year-old daughter to see who would buy their Loganville house. Their interest was to find out how long they could stay on before finally shifting. A rare bone disease of their first-born had made it impossible to balance medical [...]

[Read more →]

Foreclosures are leading to auctions. The auction venues have become carnival gatherings not only for those genuinely seeking shelter but also for speculators who want to make a fast buck. If given a free hand these speculators and profit hungry investors would make the foreclosure situation murkier, adding to the woes of the nation and [...]

[Read more →]

All foreclosure auctions are not what they apparently appear to be. In South Florida one does not have to hunt around for foreclosure sales – the region is pockmarked with it. During the weekend the Broward County Convention Center was the venue of the nation’s largest foreclosure auctions. Valuable homes were going away for a [...]

[Read more →]