![]() Public Lender Foreclosure Auctions in California and Florida Offer 1500+ HomesPublished: Monday, September 15, 2008 One of the largest public lender foreclosure auctions ever held is scheduled over eight days in September as lenders in foreclosure-leading California and Florida offer over 1500 homes for sale. All residential properties, these bank owned homes range from beach front condos in West Palm Beach to single family homes in historic Sacramento and Silicon Valley. At today's bargain prices you won't want to miss this opportunity to pick up that perfect bank owned beauty in two of the country's most desired real estate markets. The best part about these auctions is that the properties are already bank owned. No need to worry about the homeowner coming to the courthouse steps to redeem the property. The foreclosure process has been concluded and these properties are offered free and clear of all liens and judgments! Come Prepared to the Home Auction Some important things to bring with you to these incredible home auctions include:
The good news is there will be several auction-approved lenders on hand to help you pre-qualify before you bid. Better yet, you can pre-qualify TODAY by calling 1-800-648-5799! Do Your Homework on Bank Owned Homes While there are hundreds of bargains out there, you need to do your homework before placing your bid. There is no cooling off period at auction and no chance to change your mind. The properties are all open for inspection prior to auction, and agents will be on hand to answer any questions about the property. Get Registered Before the Auction You must be registered with the auction house before the auction. It is recommend that you complete the registration online at least 48 hours prior to the auction and if you are working directly with an agent or broker, make sure they follow the broker registration process as well. Being registered is important for two reasons: it guarantees you a seat at the auction and it gives you access to important information about the auction process only available to registered bidders. Home Auction Schedule Here is a listing of the scheduled home auctions during this incredible, eight day, bi-coastal event. All you have to do now is shop for that perfect foreclosure property, schedule a site visit, line up your deposit and get registered to bid. Northern California foreclosure auction: September 20th - Sacramento and Surrounding Areas Florida foreclosure auction: September 22nd - Tampa and Surrounding Areas Remember, all homes must be sold! Lenders are accepting bids they never would have dreamed about a year ago. Act today. This might be your last chance at picking up that foreclosure property you have been waiting for! 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. September 2008
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