auction: MORE LUXURY HOMES GOING TO AUCTION - 03/11/10 09:48 AM
  As foreclosures begin to rise in the luxury home market, an increasing percentage of these properties are being sold at auction.  
 In 2009, close to 19000 homes with values exceeding $ 1 million were in some stage of foreclosure.  This represents a 160% increase from 2008.  
At the same time, prices of homes in the luxury market on average have decreased  approximately 25%.  Values of luxury properties have taken even larger hits in specific areas of the country such as California, Florida, Nevada, Arizona and Michigan.  
Many homeowners who are not candidates for short sales and want to avoid foreclosure are turning … (0 comments)

auction: The Commercial Real Estate Dilemma - 02/14/10 12:07 AM
Financial institutions are  saddled with a potential  loss of over $300 billion or more in commercial loans that will be coming due over the next several years. These enormous losses could actually cause banks to fail and create enormous challenges for cities that will be left with abandoned buildings and empty storefronts. 
Smaller banks are actually much more vulnerable than  large Wall Street firms since smaller banks make up a large percentage of commercial lenders and lack the loan loss reserves to meet such a challenging downturn in the commercial markets
 Commercial values have fallen as much as 40% over the past 3 years.   … (3 comments)

auction: Company Overview - 01/15/09 05:21 AM
We are a full service auction company specializing in real estate auctions. We are based in Miami, Florida and are quickly becoming the area's premier auction company of choice. Auction Generation provides clients with highly seasoned professionals that understand what it takes to maximize value using the auction method. Through new and innovative accelerated marketing strategies we are able to get you from "for sale" to "sold" quickly. Gone are the days of endless waiting to receive an offer on your property from one interested buyer.
We stimulate the market to bring numerous buyers to you, all in one place. At … (0 comments)

auction: Real Estate Market - 01/06/09 04:15 AM
AS SO MANY ARTICLES HAVE STATED, WE ARE IN THE MIDST OF ANOTHER DOWNTURN IN SOUTH FLORIDA'S BOOM AND BUST REAL ESTATE MARKET.
THE MOST RECENT ARTICLE IN THE DAILY BUSINESS REVIEW MENTIONED THAT THIS IS THE 4TH MARKET DOWNTURN IN 26 YEARS.  WHAT IS SO DIFFERENT ABOUT THIS DOWNTURN IS JUST HOW RAPIDLY IT CAME AND THE EXTENT TO WHICH IT CAME TO SUCH A QUICK HALT.  IN THE PAST YOU COULD SEE A SLOWDOWN OCCURING AND IT WAS MORE PREDICTABLE.  THIS TIME THE BOTTOM JUST DROPPED OUT.
IN THE SAME TIME, REAL ESTATE AUCTIONS ARE BOOMING. (NAA Stats.).
PLEASE … (1 comments)

auction: Why auction? - 01/05/09 07:37 AM
Choosing the Auction method actually allows a property owner a specific timeline for selling real estate.
 In today's slowing real estate marketplace, having the option to spotlight your property and maximize visibility is a critical benefit to getting it sold.
It is, by far, the best possible method of attracting as many possible buyers on a single day and using a competitive bidding process to achieve the highest possible sale price.
Buyers act on your schedule by complying with the terms, conditions and sale date of the Auction. They are committed to sale on a specific date, therefore, they conduct their due … (1 comments)

auction: FAQs Real Estate Auction - 12/08/08 09:08 PM
Why should I sell my property using the auction Method?
Selling your property utilizing the auction method accelerates the sale of your property by creating an intensive marketing campaign and scheduled date for the property to be sold. Intensive advertising of a property that will be sold via auction creates a sense of urgency that will bring all interested buyers together on a specified date to bid competitively.
What do I need to do on auction day?
It is advisable that you arrive at the auction site at least 30 minutes prior to the time of the auction. By doing so, … (0 comments)

auction: What is an Auction? Overview - 11/25/08 03:20 AM
Overview
The sale of Real Estate in North America through auction has been for over a Century. The widely accepted definition of a real estate auction is "The sale of real property through a competitive bidding process". Auctions currently account for approximately $260 billion in annual revenues, with real estate auctions representing roughly $60 billion in sales.
With the recognition of the importance of ongoing interest costs and or the loss of return on capital locked up in idle assets, the marketplace has placed increased importance on the time value of money. This fact coupled with the added benefit of increased … (0 comments)

auction: Understanding REO and Foreclosure - 11/25/08 03:06 AM
An REO (Real Estate Owned) is a property that goes back to the mortgage company after an un successful foreclosure auction. You see, most foreclosure auctions do not even result in bids. After all, if there was enough equity in the property to satisfy the loan, the owner would have probably sold the property and paid off the bank. That is why the property ends up at a foreclosure or trustee sale.
Foreclosure sales begin with a minimum bid that includes the loan balance, any accrued interest, plus attorney's fees and any costs association with the foreclosure process. In order to … (0 comments)

auction: Why Auction? - 11/07/08 02:29 AM
Why Auction? For Sellers...
In today's ever changing real estate marketplace, Auctions have become an increasingly viable solution to buy and sell real estate. Auctions offer numerous benefits for Sellers.  For the Seller, these benefits can include:
Provides a proactive alternative to traditional selling methods Choosing an acceptable selling price. Accelerated and enhanced marketing that stands out and attracts potential buyers Creating a energetic environment and marketplace that encourages potential buyers to bid Choosing your date of sale Receiving numerous bids from pre qualified/pre approved buyers. Satisfies need to sell quickly Eliminates drawn out and often tricky negotiations Creates an … (0 comments)

auction: PUBLIC AUCTION Vacant Land 10 acres+ Opening Bid 500K - 11/03/08 03:29 AM
IDEAL INVESTMENT OPPORTUNITY FOR DEVELOPERS & INVESTORSDon't miss this opportunity to own a prime 10 acre site in an excellent Davie location. This parcel is located close to beautiful gated communities with upscale homes and sits next to the Town of Davies's equestrian trail.  This property is zoned residential and suitable for the development of 8-9 one acre home sites.  Both the platting and site plans are currently in progress.  Site plans are available.The property has a small pond and it includes numerous fruit, palm and exotic trees that create a beautiful landscape.  Partial clearing of the outer areas of the … (0 comments)

auction: Sudden rise in new home sales due to Developer price reductions - 11/03/08 03:05 AM
The big jump in home sales was primarily driven by continued dropping prices by  Developers who need to move large amounts of inventory off of there balance sheets.  Sales rose 2.7%, when most analysts expected another monthly decline.  Prices of new homes had declined just over 9% form September 08.  The rise in new home sales still left a total of just under 400,000 unsold new homes still on the market, down over 25% from one year ago.
 Many developers will need to look to more creative methods to move inventory in a much more aggressive and efficient manner if they … (0 comments)

auction: Broker/Realtor Cooperation Auction on Duckey, Luxury home Sept.15 2008 - 20k Bonus +2% Coop OPEN HOUSE LABOR DAY WEEK END - 08/28/08 04:46 AM
Auction on Duck key, Florida Keys OPEN HOUSE SPECIAL LABOR DAY WEEK END!
Beautiful contemporary home on exclusive Duck Key. Built by  The Aultman Corporation (considered to be one of the top home builders in the Keys).
Home located at the end of Harbor Dr. on cul-de-sac offering incredible views.
5 bedrooms, 4 bathrooms, swimming pool and spa. Stainless steel appliances, granite counter tops, bamboo flooring.
Amazing views of the Gulf of Mexico and Atlantic Ocean.  Water views from every window.
Great home for entertaining and boating/fishing
OPEN HOUSE SPECIAL LABOR DAY WEEKEND
Visit www.DuckKeyAuction.com for more info or call Troy … (0 comments)

auction: FAQs Auction - 07/16/08 09:09 AM
FAQs
Why should I sell my property using the auction Method?
Selling your property utilizing the auction method accelerates the sale of your property by creating an intensive marketing campaign and scheduled date for the property to be sold. Intensive advertising of a property that will be sold via auction creates a sense of urgency that will bring all interested buyers together on a specified date to bid competitively.
What do I need to do on auction day?
It is advisable that you arrive at the auction site at least 30 minutes prior to the time of the auction. By doing … (0 comments)

auction: 59 th International Auctioneers Conference and Show - 07/08/08 12:53 PM
THERE ARE NO LIMITS to what you can gain at the 59th International Auctioneers Conference and Show, July 7 - 12 in Nashville, Tennessee.
With exciting programs, networking opportunities,cutting edge technology, and more, you can customize your conference experience to your needs and interests.
Grow professionally and personally while gaining inspiration to be your very best. It's the NAA's 2008 Conference & Show.
Wednesday, July 9 7:00 a.m. - 8:15 a.m. First-Timers and Mentors Breakfast/Orientation (by invitation only)7:30 a.m. - 5:00 p.m. Registration and Information Booth8:00 a.m. - 5:00 p.m. NAA Member Services Booth8:00 a.m. - 5:00 p.m. NAF Interviews8:00 a.m. … (0 comments)

auction: Certified Estate Specialist and how auctions can benefit seniors - 07/08/08 12:25 PM
Having just completed training as a Certified Estate Specialist, I was able to gain extensive knowledge of the Role of an Auctioneer and the role we can play in helping seniors who may need or want to downsize or in settling estates. 
Wth the real estate market remaining sluggish in most of the U.S,  Seniors who are seeking to relocate often do not want to wait months or years to sell there property.  Auctions can provide a streamlined and efficient process to sell both real and personal property in a matter of weeks.  Sellers can also rest assured that through a … (0 comments)

auction: Overview Auction - 04/17/08 09:12 AM
The sale of Real Estate in North America through auction has been for over a Century. The widely accepted definition of a real estate auction is "The sale of real property through a competitive bidding process". Auctions currently account for approximately $260 billion in annual revenues, with real estate auctions representing roughly $60 billion in sales.
With the recognition of the importance of ongoing interest costs and or the loss of return on capital locked up in idle assets, the marketplace has placed increased importance on the time value of money. This fact coupled with the added benefit of increased exposure … (1 comments)

auction: Realtor Cooperation / Auction - 04/15/08 06:07 AM
 
We work closely with the real estate community who list and sell, as we focus on both traditional and auction sales alike. We are constantly looking for real estate professionals to form alliances with.
Whether you have explored auction methods or not, you will be pleasantly surprised to see how our programs and services in the auction industry can provide you with an excellent alternative to sell more existing listings and earn a highly competitive commission, while leveraging our experience and focus in the auction business to promote and sell your property.
Our programs are designed to market, sell and close properties in … (0 comments)

auction: Broker Cooperation & Auction - 03/30/08 08:41 AM
Co-op Arrangement with Real Estate Brokers
It is important to have the support of the local and regional real estate community. We offer a sales commission on the net sale price to co-operating brokers. We require that prospects and brokers be registered in writing with us prior to the Auction and attend a showing of the property and participate in the Auction with his or her client(s).
We work closely with the real estate community who list and sell, as we focus on both traditional and auction sales alike. We are constantly looking for real estate professionals to form alliances with.
Whether you have … (0 comments)

auction: REO'S & Auction - 03/30/08 08:36 AM
REO's and Working With Financial Institutions...
REO PropertiesAn REO (Real Estate Owned) is a property that goes back to Lender after an unsuccessful foreclosure auction. Most foreclosure auctions result in adequate bids. Typically there is rarely enough equity in the property to satisfy the loan(s) full repayment.
With regard to REO properties, the bank now owns the property and the mortgage loan no longer exists. The bank will handle the eviction, if necessary, and may manage some of the repair process. They will typically negotiate with the IRS for removal of tax liens and pay off any homeowner's association dues.
Selling REO'sEach … (1 comments)

auction: Auction / Benefits to Lenders/Financial Institutions (REO) - 03/25/08 10:32 AM
As the inventory of new and existing condominiums and single family homes continues to grow, many Financial Institutions and Lenders do not want to incur the cost of holding and maintaining inventory for long periods of time, especially in the midst of a market downturn.
Residential Auctions have surged 12.5% from the previous year. It now represents a $255 billion dollar a year business with residential real estate being the hottest sector. Auctions can offer Financial Institutions and Lenders both a Reserve Auction option (a pre determined amount the property can sell for) or the Absolute Auction method (in which the highest … (0 comments)

 
Investor Realty Group, Local Expertise with a Global Reach (Investor Realty Group, LLC)

Investor Realty Group

Local Expertise with a Global Reach

Jacksonville, FL

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Investor Realty Group, LLC

Address: 4600 Touchton Road E Building 100, Suite 150, Jacksonville, FL, 32246

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