Who Can Bid at a Foreclosure Auction?

Who Can Bid at Foreclosure Auction

This article discusses who can bid at a foreclosure auction and why. Attending and bidding at a foreclosure auction, whether online or in person, can be an interesting and challenging experience. Who Can Attend a Foreclosure Auction? Live foreclosure auctions are free and open to the public to attend. Online auctions, however, must first require … Read more

What Are the Risks of a Foreclosure Auction?

Risks of Foreclosure Auctions

This article discusses some of the risks of a foreclosure auction and steps you can take to avoid them. Buying real estate at foreclosure auctions can be a lucrative endeavor. However, there are many risks involved that can negatively affect the profitability of these investments. It is up to the investor to become educated about … Read more

Difference Between a Foreclosure Auction and REO?

Foreclosure Auction vs REO

This article discusses the differences between foreclosure auction properties and REO properties, including the pros and cons of each. These are important considerations when deciding what type of property to buy. How a Real Estate Owned (REO) Property is Created Two things can happen to a home that cause it to become an REO property: … Read more

When is the Best Foreclosure Auction Time of Year?

Best Foreclosure Auction Time of Year

Is there a certain time of the year when most foreclosure auctions take place? When is the best foreclosure auction time of the year? This article discusses some of the major timing factors. To answer this question we need to dive in and understand the timeline for the foreclosure process and the market forces driving … Read more

What Types of Properties Can You Buy at a Foreclosure Auction?

Foreclosure Auction Property Types

This article discusses the different types of properties you can buy at a foreclosure auction and the pros and cons of each. Single Family Homes The most popular type of property to be auctioned at a foreclosure auction is the single family home. These are sold at auction in nearly every locale, both in person … Read more

Foreclosure Auctions – What If the Homeowner Files Bankruptcy Before the Auction?

Bankruptcy Before Foreclosure Auction

So you’re ready to go to a foreclosure auction and have prepared well for it. You have even looked at some of the properties and have your eyes on one in particular. However, the property you’re interested in did not go up for bidding at the auction, even though it as on the schedule. What … Read more

Foreclosure Auctions – Does a Quitclaim Deed Give Clear Title?

Quitclaim Deed - Clear Title in Foreclosure Auction?

So you are about to complete the purchase a property at a foreclosure auction and have been given a quitclaim deed for the title. But is it a clear title? What is a Quitclaim Deed? A Quitclaim Deed is a commonly used instrument for transferring titles. This deed is sometimes mistakenly called a “quick claim” … Read more

What Happens After Winning a Foreclosure Auction?

After Winning Foreclosure Auction

So you have the winning bid at a foreclosure auction. Congratulations! Now what? Here we will discuss what happens for the buyer immediately after the foreclosure auction ends. Paying for the Property After a Foreclosure Auction Completing the sale at the foreclosure auction is very straightforward. The high bidder of the auction will have to … Read more

What Happens if a Foreclosure Auction is Postponed?

Foreclosure Auction Postponed

This article discusses what happens if a foreclosure auction is postponed or delayed. We discuss the types and reasons for postponement, who triggers them, and the effects. Postponement of a foreclosure auction may occur months, weeks, or even days leading up to the auction date; often without notice to buyers. At courthouse auctions the auctioneer … Read more

Government Foreclosure Auctions List

Government Foreclosure Auctions List

This is a great list of government foreclosure auctions to help find foreclosed properties of all types to buy and sell for a profit. Foreclosure Auction Aggregators These sites are great for finding federal, state and local auctions without visiting multiple sites. You can find upcoming tax, IRS, police and sheriff’s auctions on these foreclosure … Read more

What is a HOA Foreclosure Auction?

HOA Foreclosure Auction

HOA foreclosure auctions are one potential source to buy houses to flip. What is a HOA foreclosure auction and how do they work? Owners of houses, condominiums and town homes that belong to a homeowner’s association (HOA) must pay monthly HOA fees and assessments. These fees and assessments can lead to a HOA foreclosure auction … Read more

How to Finance a Foreclosure Auction Purchase

How to Finance a Foreclosure Auction Purchase

Foreclosure auctions can be great places for investors to purchase houses to flip at good prices. New auction buyers need to know how to finance a foreclosure auction purchase once they have the winning bid. We dive into the details in this article. Foreclosure.comFIND FORECLOSURES. Up To 50% Off! Foreclosure Auction Requirements Foreclosure auctions require … Read more

What is a Sheriff Sale Auction?

Sheriff Sale Auction

New real estate investors interested in sheriff sale auctions should know there are differences between the types of auctions out there. In this article, we will discuss what makes a sheriff sale auction, including what it is and how different aspects vary between locations. What is a Sheriff Sale Auction? The purpose of a sheriff … Read more

Who is Involved in a Foreclosure Auction?

Foreclosure Auction Participants

This article describes who is involved in a foreclosure auction and what their roles are. There can be multiple participants who are directly or indirectly involved. It helps to understand their role and motivations to ensure you’re successful! Foreclosure.comFIND FORECLOSURES. Up To 50% Off! Mortgage Lender(s) The Lender (typically a bank) owns the mortgage on … Read more