The following video has bountiful advice on how one may avert foreclosure.
References
1. Youtube
An auction is a public sale in which goods or property are sold to the highest bidder. A foreclosure auction is not too different, as it is designed to sell foreclosed properties at whatever price someone is willing to pay. The auction itself is regulated by state law, yet the individual county where the house is specifies how the auction works. After the auction begins and potential buyers have made their offers, the highest bidder then claims the property. There are also numerous techniques that skilled bidders use to gain potential property. These techniques, however, take years of practice and observation to fully master.
There are currently just under 2 Million foreclosures in the U.S. (October 2009). My home state of Florida is Number 2 in the country in terms of foreclosures.
California had the highest number with 85,240.
Here is a breakdown by state:
For more information, or to search foreclosures by city, state or zip code, click here.
The National Foreclosure Alert (NFA) is looking for approximately 50 realtors to participate in a free beta program. We will be working with you to develop an ongoing stream of buyer leads from people who find a property that they are interested. To apply, you may register for our 14 day trial and then send an email to nfa@yovia.com.
Thanks, we look forward to your feedback and participation.
Yovia has recently partnered with Jordan Publishing to launch an exciting new foreclosure alert program. This will include a new website and membership area, enhanced mapping and search capacity and an alert system when an exclusive new database of foreclosures, short sales and other real estate offerings.
The new “National Foreclosure Alert Project” is designed to help people to find and purchase distressed property, including providing trends and market statistics. We will continue to provide the same general functionality, but will be making the product easier to use and more accurate.
If you have questions, or if you would like to receive a notice when the new project launches (Scheduled for August 15, 2009), then please let us know:
The market nationwide is starting to turn again. The headline this morning indicated that home sales in my town are up 42% over last June! And other places across the country are experiencing the same recovery.
That means the foreclosures that have been sitting on the market will start to move. As part of a new community-driven alliance, we are working to help people who are in foreclosure “trouble” and also those who are looking for great deals on real estate.
Many properties have dropped in value 50% or more and represent tremendous opportunity for investors and potential home owners.
If you are in foreclosure, or facing foreclosure, and would like help, please click here.