Bellevue Washington Real Estate News - Bellevue WA Real Estate Investment
Quality local news and information from Bellevue Washington real estate professionals.Foreclosure Auction “Week in Review” for 10/12/2007
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 at the auction. Many times the opening bid amount is not published or announced until right before the auction starts for that property so many investors or bidders are not prepared to bid on the property and it ends up reverting back to the lender. These are golden opportunities to purchase these properties for steep discounts but you or your clients need to be prepared beforehand to be able to jump when the chance comes.
If you or your clients are interested in learning more about investing at the auction including how they can gain access to our funding partners who can finance up to 90% of the purchase price at the auction visit RealEstateInvestmentFirm.com
Discussion Forum
| Topic | Posts | Last Poster |
|---|---|---|
| Loan Modification Software | 5 | aiopqw25 |
| Where did all of the PMI go? | 6 | ozone |
| financing for real estate and mortgages at 5-10% rates | 1 | thrifty |
| 5-10% financing for real estate and mortgages | 1 | thrifty |
| Do you have the best price today? Post FREE on PROPERTYFIRESALE.COM! | 4 | Greatinfo |
| U have best price? POST FREE - PROPERTYFIRESALE.COM (no registration needed) | 1 | Greatinfo |
| Advertise Your Condo Listings Today!!! FOR FREE | 1 | mycondospot |
| Interesting Real Estate Blog... | 6 | progressive37 |
| First time owner……..need some good tenant advice. | 5 | progressive37 |
| Looking to know more about real estate investing. | 5 | progressive37 |
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