      
 Murrieta and Temecula Foreclosures Slated for Auction April 5thPublished: Thursday, March 05, 2009 Hundreds of Murrieta and Temecula foreclosures are scheduled for auction by the Real Estate Disposition Company on April 5th. Conveniently held at the Anaheim Convention Center, this could be area buyers' best chance for rock bottom deals on Murrieta foreclosures and Temecula bank homes. Buyers interested in the best deals on Temecula bank homes can find spacious 2,500 square foot models with starting bids as low as $19,000, and some Murrieta bank owned homes as low as $1,000! These remarkable bargains on bank owned properties are offered only through the home auction scheduled on April 5th and cannot be purchased directly from the lenders. Open Houses Give Bidders an Opportunity to View Murrieta ForeclosuresBuyers at real estate auctions should take care to investigate each property before they buy and these fantastic bargains are no exception. Open houses are scheduled from 11:00 a.m. to 4:00 p.m. on March 21st and 22nd and buyers are encouraged to visit the properties so they can be confident before bidding that the properties meet their needs. Once the gavel falls on auction day buyers are committed so take advantage of this opportunity to inspect the houses thoroughly before you bid! What Do I Need to Bid at Auction?Buying a foreclosed home at a real estate home auction can be a great way to find foreclosure bargains at bargain prices. However buyers do need to be prepared with an earnest money deposit in the form of a cashier's check on auction day. Typical deposits are $5,000 although each auction company may have policies that vary slightly. For details on the REDC auction scheduled for April 5th, visit the REDC website for additional information. Buyers should also be prepared with financing information. If you are not paying cash for your home at auction there are always qualified lenders on site to assist with your financing needs. But you will want to bring appropriate identification and any documents necessary to process your loan application. If you have guaranteed financing already, bring all pertinent financing information to the auction. For additional information on Murrieta foreclosures, Temecula foreclosures, Hemet foreclosures and Menifee bank homes available on April 5th, visit the REDC website and view detailed listing information, including color photos and virtual tours. Other Recent ArticlesHome Buyer Tax Credit Extended Until April, 2010Category: Recent Articles Published: Thursday, December 10, 2009 The federal tax credit has been extended to April, 2010, including an expanded benefit to existing home owners who sell their homes and then repurchase a new primary residence valued at $800,000 or less. This could be the perfect opportunity for buyers who wanted to cash in on home auction bargains but were fearful of lower resales on their existing homes. 57,000 Foreclosures Remain in California – Lenders Scheduling More Home AuctionsCategory: Recent Articles Published: Thursday, December 03, 2009 The Southern California foreclosures market may be shifting, with fewer homes entering foreclosure than in previous quarters. However there are still 57,000 existing foreclosures statewide that need to be sold, and lenders are looking at foreclosed home auctions as a major tool to sell large numbers of foreclosures in a short amount of time. Southern California Foreclosures Still the Bulk of Home SalesCategory: Recent Articles Published: Friday, November 27, 2009 Southern California foreclosures still account for the bulk of area homes sales and lenders are finding real estate auctions the fastest and most efficient method of clearing their books of REO properties. Buying a home at auction requires a little prep work, however and the experts at homeauctionexpo.com share their insight on how to find the best auction properties. |
