The home price slowdown is being foreshadowed by rising mortgage rates, a deeper discount during an economic downturn especially in geographic markets most effected by the economy, and the exposure of shadow inventory where delinquent mortgages were held back from Foreclosure during the pandemic. Housing affordability for local buyers affects Foreclosures and that begins to […]
Taking a new approach is always a good idea, and from the very beginning, Auction.com has built its business model on just that. Here are a few ways that the age-old method for selling Foreclosures — at in-person auctions — is getting a revitalization from Auction.com. In The Beginning: The Courthouse Steps It’s […]
Where Auction.com Fits in With Different Investors Are you interested in buying Foreclosure properties online? If so, then you’re not alone. In fact, online real estate auctions have been growing steadily in popularity over the last decade, with demand increasing every year. As more and more people catch on to the benefits of purchasing […]
GETTING STARTED WITH REAL ESTATE INVESTING: STEPS FOR BEGINNERS Everybody knows the basics of investing, right? Buy low, sell high? The concept may be a simple one: real estate often appreciates over time, giving opportunity for profit. Still, it may be easier said than done to newcomers. Up-and-coming investors looking to turn real estate […]
For anyone who is looking to break into the home buying market — and especially for those who are feeling the competition of rising prices, buying a Foreclosure property could be an option to own for less. But what is a Foreclosure property? When an owner defaults on their mortgage, the property can be scheduled for sale at auction. If the […]
To the uninitiated, home-flipping may seem like the domain of reality TV, but real estate investors like Sue McCormick are living the real-life opportunities of real estate investing behind the curated stories on cable TV. It’s possible to secure wealth and more by buying homes at auction, renovating them, and then selling them at a […]
The all-new search experience keeps you better-connected to both foreclosure and bank-owned properties nationwide. When you’re looking for your next investment home, it all comes down to a better search experience. We’re happy to announce a host of new updates to the Auction.com App that significantly upgrades your process of searching for foreclosure and bank-owned homes. Here’s what’s new: All-New Properties […]
Meet seasoned investor Bridget Dawson from Ohio. She started investing in real estate in 2013 with hopes to leave her day job and start building generational wealth. Bridget is now a full-time real estate agent and investor with a portfolio. Below she shares the fundamentals she learned early on that have contributed to her flipping […]
According to recent data, Daren Blomquist, VP of Market Economics, says foreclosure inventory is slowly returning to the market in Q2 2021. Most auctions on vacant or abandoned properties exempt from moratoria Foreclosure sales rate at seven-year high, REO bids per asset at all-time high Building backlog of foreclosures could exceed 1.1 million by Q2 2021 Read the REI INK Article Related posts: How To Successfully Buy […]
Like most real estate transactions, foreclosure auctions have traditionally been less than ideal for social distancing. Statutes written more than a century ago in many states govern the arcane foreclosure auction process, which requires bidders to be present at the specified time and date of the auction with cashier’s checks in hand to tender payment […]