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There are amazing properties that will be in these auctions - properties that just became available. Mansions and homes that homebuyers will be purchasing for as much as 50-60% less than the properties' previous high value.

Auction Fuels Local Economy!

From Newburyport to The Cape, foreclosed properties will be swept up by first-time homebuyers, investors and homebuyers looking to move into a bigger property for a lower mortgage.

The auctions are a big boost to the local economy.

Genesis Housing Services has joined a growing group of local organizations supporting the upcoming August 7 auction of 135 HomeSteps® REO homes at the Phoenix Convention Center.

Interest in foreclosure auctions - live and online - is skyrocketing in Georgia, the Southeast and across the nation.

The auctions are geared to fuel the local economy and turn houses back into homes.

REDC has auctioned 2,185 Florida foreclosures in 28 auctions this year for $98 million!

Mansions and half-million-dollar foreclosures highlight auction!

Commercial real estate is not like day trading. The best deals will take some time and effort, but will be worth it in the end.

The Case for Economic Optimism Takes Time...And Effort

Great Deal! 800+ New Foreclosures in Phoenix, Tucson, Mesa, Denver, Utah and New Mexico Areas Hit the Market in a 5-Day Mega-Auction Campaign by REDC; Auctions Geared to Fuel the Local Economy.

The auction, which is conducted by REDC, the nation's leading real estate auction company, is Day 5 of a huge 6-day, 8-city auction series featuring a near-record 1,500 new Florida foreclosures.

How to Register for a Specific Foreclosure Auction & Online Bidding w REDC & Auction.com. This brief tutorial will instruct you on how to register for a specific foreclosure auction and bid online for the REO property of your choosing.

I mentioned in an earlier post that scammers are smelling blood in the water and are searching out homeowners who are facing foreclosure. The anxiety and desperation that people are feeling in these circumstances can make them easy prey to schemes and scams that purport to be able to help them but in reality take away their homes.

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