The main costs associated with holding land are property taxes, liability insurance and, if you are holding a mortgage, principle and interest charges.
As the fallout from the Great Recession continues, auctions are becoming an increasingly popular route for lenders to unload distressed commercial properties.
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.
About relevant real estate topics, tweeting auction updates and market trends on Twitter, dialoging on Facebook with fans and hosting instructional and informational videos on Youtube.
Three auctions in Boise, Portland and Seattle in the past week netted $9.1 million on about 200 foreclosed properties, including 25 in Idaho, according to REDC Auctions.