The #1 Place to Find National Foreclosures.
Bank Auctions, HUD Homes, VA Homes and More!
Bank Auctions
A foreclosure where the owners failed to pay their mortgage or taxes. The property
then becomes seized and is often sold via auction at substantially reduced prices.
HUD Homes
Homes designated by the United States Department of Housing and Urban Development.
These homes are financed through low-cost loans so that they can be sold quickly
and cheaply.
VA Homes
The Department of Veterans Affairs (VA) acquires properties as a result of foreclosures
on VA-guaranteed and VA-financed loans. These acquired properties are marketed for
sale, typically at a reduced cost.
Private Auctions
The same network of Public & Private Auctioneers that the government uses to liquidate
their excess property. Find the auctioneers in your area that specialize in the
liquidation of real estate.
“One of the best places to invest is in foreclosures and bargain residential real
estate.
You can buy foreclosures for as cheap as 30% or 40% below market.” -MSN
Money *
“Foreclosed homes are starting to drive down the U.S. home prices faster as lenders
put more properties on the market.
The median house price has dropped 8.2% from last year, 2007.” -Wall
Street Journal *