auction: Auction Real Estate St Louis MO 3 BR 2BT BMT 2 Car Jan 24 at NOON CST
- 01/16/15 11:12 PM
Real Estate Auction 10432 Toelle Lane, Bellefontaine Neighbors, MO 63137 Ranch 3 bedroom 2 Bath Home Jan 24 at NOON Real Estate Auction 3BR, 2Bath, 2Car, Bmt, Large Lot 63137 Auction Description REAL ESTATE AUCTION: Ranch 3 bedroom 2 Bath Home with two car garage and full basement (partially finished) located at 10432 Toelle Lane, Bellefontaine Neighbors, MO 63137 will be sold "AS IS, WHERE IS AND WITH ALL FAULTS" with no contingencies or warranties at Auction to the highest bidder "subject to seller confirmation" on January 24th, 2015. The property information provided here is for reference only, but is not guaranteed (0 comments)
auction: Commercial Real Estate Forecast $300 Billion Losses
- 02/15/10 12:48 AM
Losses from defaults on commercial real estate loans maturing in the next few years could go as high as $300 billion, threatening to topple nearly 3,000 community banks nationwide, a federal watchdog group has concluded.Market analysis by the Congressional Oversight Panel (COP), charged with keeping tabs on the government’s Troubled Asset Relief Program (TARP), shows that $1.4 trillion in loans made over the last decade for retail properties, office space, industrial facilities, hotels, and apartments will reach the end of their terms and require refinancing between 2011 and 2014.According to the panel, the loans most likely to fail are those made (0 comments)
auction: 10% Drop in Foreclosure Activity
- 02/10/10 03:04 PM
The relentless wave of foreclosures that has steadily swelled and battered the housing industry for a good three years seems to have retreated ever so slightly in January,but it’s not enough to mean the storm has passed – RealtyTrac says a resurgence is likely.The company’s January 2010 U.S. Foreclosure Market Report released Thursday shows that foreclosure filings – including default notices, scheduled auctions, and bank repossessions – were reported on 315,716 U.S. properties during the month – or one in every 409 housing units. That figure represents a decrease of nearly 10 percent from the previous month but is still 15 (3 comments)
auction: Residential Mortgage Delinquency Rate Surpasses 10%
- 02/05/10 09:43 AM
Home loan delinquency rates in the United States have now surpassed 10 percent, Lender Processing Services (LPS) reported this week. This rate indicates that more than 7.2 million mortgage loans are now behind on payments, LPS explained, with another one million properties already taken back by banks and in REO status.LPS said the company’s analysis shows that within the prime loans category, those with unpaid principal balances between $417,000 and $600,000 have performed the worst. Residential Mortgage Delinquency Rate Surpasses 10%
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auction: Employment Situation Summary
- 02/05/10 09:12 AM
The unemployment rate fell from 10.0 to 9.7 percent in January, and nonfarm payroll employment was essentially unchanged (-20,000), the U.S. Bureau of Labor Statistics reported today. Employment fell in construction and in transportation and warehousing, while temporary help services and retail trade added jobs. Here's the report and website to learn more and to help advise clients. Employment Situation Summary
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auction: Cher's Hualalai Resort home sold at Auction for $8.72 million Auctions are a First Choice
- 02/04/10 03:17 PM
The market rate for a super-luxury celebrity vacation getaway on the Big Island has been set by auction.Ready? It's $8.72 million.That's how much the home owned by Cher at Hualalai Resort on the Big Island of Hawaii sold for at auction on January 18. The auction process is clearly becoming the selling option of choice for exclusive luxury properties A properly produced & marketed auction will deliver 100% of the present cash market value 100% of the time. Cher's Hualalai Resort home sold for $8.72 million
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auction: Auction Commercial Bldg 6595 Mall Dr, Cedar Hill, MO 63016 March 12 - Agent Coop
- 01/31/10 09:23 AM
This one story brick commercial building currently occupied as a flower shop with a great location situated at 6595 Mall Drive, Cedar Hill, MO 63016 will be SOLD to the Highest Bidder at Real Estate Auction on Friday, March 12, 2010 at 11AM CST subject to Seller Confirmation. The Building will be sold "As Is, Where Is and With All Faults". Zoned Commercial. This commercial property has easy access to Highway 30 and can be seen from Highway 30. Possible uses could be, deli, bakery, day care, retail shop. Road frontage on two side of the building. Fixtures and current florist (0 comments)
auction: Commercial Real Estate Prices Break 13-Month Losing Streak
- 01/25/10 08:39 AM
After a 13-month run of steady price declines, U.S. commercial property prices rose 1 percent in November, Moody’s Investors Service said this week.Despite the short-term boost, Moody’s says it expects prices to resume falling in the coming months as occupancyand rental rates continue to decline, but depreciation should be less severe than the sector experienced in the middle of 2009, when some index readings showed price dives in excess of 5 percent.According to Moodys/REAL Commercial Property Index, prices in the commercial real estate sector began fallingover two years ago, with significant declines seen throughout 2009. The increase in November puts aggregate (0 comments)
auction: With profits down, firms just aren't changing hands
- 01/19/10 03:09 AM
While this story is based on California data I think it holds true for many other places to. Depressed values for commercial real estate will continue to be a drag on small-business sales. Businesses that own the land on which they sit will be worth less, and potential buyers with real estate holdings in their portfolios will have a harder time qualifying for loans. Real estate businesses in general will sell for somewhat less than they might have during the boom. Overexposure to commercial real estate loans, many of which are now souring, has made some banks reluctant to lend at (0 comments)
auction: Attain the Highest Market Value for Your Real Estate -- Auction It
- 12/26/09 06:37 AM
Every real estate professional, investor, buyer or seller needs to learn about why auctions work. * Auctions are the fastest growing segment of the real estate industry * 1-Million properties sold at auction during 2009 and growing daily * Real estate is being sold at auction everywhere in America * Auctions are advertised on TV, radio, internet, newspapers & billboards * Buyers are flocking to auctions in record numbers; cash in hand ready to buy * Sellers are asking about real estate auctions in record numbers * Auctions deliver all cash, no contingency, quick (2 comments)
auction: What type of Real Estate is best suited for a Real Estate Auction?
- 09/22/09 01:51 AM
I am often asked by Realtors what type of Real Estate is best suited for a Real Estate Auction and the answer is: Property which is in Demand. On the other hand, another question I am asked is who is the "Right" auction client? The right client is one that is goal oriented, decisive, willing to work to deadlines, communicative, tuned in, a partner, motivated and willing to let go and move on. Sound similar to a traditional sale? To most Realtors the auction process is entirely new and rarely thought of as alternate and effective sales tool to get real (0 comments)
I sell real estate assets fast and economically. I auction household, estate, real estate and downsizing auctions. Brokers and agents encouraged for referral of sellers and buyers.
Paul Roesch cell: 618-407-8479