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If there's one good thing about the state of real estate, it has given rise to a whole new way to sell and buy: home auctions and foreclosure auctions. With an increasing number of homes available ...
Bid4Assets, established in 1999, was the first online real estate auction website to operate in the United States. [1] [2] The company auctions distressed real estate and personal property for private investors and federal and local government. [3]
Another real estate and development interest bought 1165 Nantasket. Hingham developer Thomas J. Hastings won the bid for the property for $400,000. ... but was later forced to go into foreclosure ...
The homes to be auctioned Tuesday are: 6905 Eagles Landing: a 1,958-square-foot home built in 2005. Minimum bid is $116,667. 1901 NE 66: a 1,681-square-foot home built in 1958. Minimum bid is $50,000.
Occupy Homes or Occupy Our Homes [1] [2] is part of the Occupy movement which attempts to prevent the foreclosure of people's homes. [1] Protesters delay foreclosures by camping out on the foreclosed property. They also stage protests at the banks responsible for the ongoing foreclosure crisis, sometimes blocking their entrances. [3] [4] It has ...
Nevertheless, in an illiquid real estate market or if real estate prices drop, the property being foreclosed could be sold for less than the remaining balance on the primary mortgage loan, and there may be no insurance to cover the loss. In this case, the court overseeing the foreclosure process may enter a deficiency judgment against the ...