Auction.com is a good real estate website to search for foreclosed properties for sale. Home Auctions are another way to help your clients and investors find a home at a discounted auction price. I was impressed with auction.com customer service department. I called several times asking about the process of home auctions and they were always helpful. Recently, my client had her eye on a foreclosed property that had gone to auction. I was pleasantly surprised the whole experience of purchasing a home auction has not been as expected. Auction.com is very organized and everything is disclosed to your client up front. There is a charge … (3 comments)
auctions: Foreclosures, Short Sales and Auctions Oh My!
- 04/02/11 07:53 PM
A forclosured property is owned by the bank. There was a time when foreclosures needed too much work to be profitable. There are some foreclosures that are move in ready. They may need cleaning and a little paint but the foreclosures that I have seen lately do not need a lot of major repairs. There are more homes on the market than buyer's now so it is a buyer's market. Buyer's are able to purchase good homes at a lower price. Banks have a large amount of inventory they are trying to get rid of although sometimes it seems they should go … (1 comments)
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