There was an interesting article in the Seattle-Times newspaper today about the enticements being offered by area developers to potential buyers. To read the article in its entirety please click here. While the Puget Sound region has avoided the steep decline in property values that many areas around the country have seen, anyone who works […]
Last Friday was a very active day at the auction. Take a look at the numbers:
AUCTION STATISTICS - King, Pierce, Snohomish, Kitsap Counties
Sold at auction to 3rd party 38
Reverted back to beneficiary 105
Discontined 325
As lender REO portfolio’s continue to increase we are still seeing beneficiaries lowering their opening bids in the hopes of attracting more bidders […]
As foreclosures around the country continue to climb each and every month, we here at www.realestateinvestmentfirm.com have noticed a trend emerging at the local foreclosure auctions. Many lenders are experiencing a dramatic rise in their REO portfolios and as a result many Beneficiaries are lowering their opening bids in hopes of attracting more bidders at the auction. For […]