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Foreclosure Auctions

Are foreclosure auctions the best place to find a foreclosure investment?  Some investment gurs say yes, others say, “stay away.”  Learn more about auction procedures through these sites, many of which are offered by businesses that sell foreclosed homes using auctioneers.

 

  1. Express Auction: This link takes you to the Express Auction calendar, where users can find information on upcoming foreclosure auction properties.
  2. Foreclosures Auctions: This site has put together information on grants, foreclosure, auction and tax lien information from around the Internet. They go beyond auctions to provide news and resources centered on bank-owned, government, foreclosure properties and other real estate tools.
  3. GovernmentAuctions.org: This is a membership Web site that helps users find and attend government auctions and foreclosures of every type. GovernmentAuctions.org is a division of Cyweb Holdings Inc., a closely held corporation headquartered in New York, U.S.A.
  4. Government Real Estate Sales: Buy real estate the government has seized or doesn’t need. Commercial buildings, investment properties, land, multifamily, single family homes, condominiums, mobile homes, farms, ranches and more.
  5. IRS Auction: Under authority of the Internal Revenue Code, the property described on this site has been seized or acquired for nonpayment of internal revenue taxes and is offered for sale by bid. If you can’t find the property you want, you can shop for jewelry, restaurant contents and more instead.
  6. Modesto Real Estate Auctions: The Modesto real estate foreclosures provide investors with foreclosed home and property options throughout the U.S. They also educate investors regarding the forclosure property along with a strategic investment time frame and exit strategy.
  7. Property Trac: This company strives to be the premier center for buyers, sellers and investors who want to maximize their return on real estate and properties in foreclosure. Get your answers through their informative resources, learn about how the aucton process works and more, even if you don’t use their services (they focus on the New York metro area).
  8. REDC Auction Calendar: Real Estate Disposition Corporation (REDC) traces its inception back to 1990. At that time, REDC embarked on a course that established a dominant position in the marketplace for the company, by selling over one million dollars of real estate assets using the auction marketing process. Use their auction calendar to discover when and where this company holds its auctions.
  9. Williams and Williams: This company is one of the few auction houses that accept online bids. Look for online auctions by zip code or place auction alerts by registering on the site. They also provide tutorials for the auction process.

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