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Mortgage, US Real Estate

Detroit Foreclosure Auction Attracts $3M Bid for 6,000 Crumbling Homes

By Mike Wheatley | October 28, 2014
Detroit is on a mission to unload its blight, with plans to foreclose on one of every five properties in default in the city. Last week, in a mega-auction, one bidder offered up $3.2 million for a bundle of more than 6,000 foreclosures, which equates to about $500 per property.
Investing, Real Estate Investing, US Real Estate

Tax Lien Investing Pros and Cons

By Brian Kline | October 16, 2014
Tax lien investing has long been a popular method of investing in real estate but it should not be taken lightly. Although potential returns are huge, so are the risks. Approximately $425 billion in state and local real estate property taxes are owed across the U.S. each year. Of that, about $6 billion goes delinquent. […]
Featured News, Real Estate Investing, US Real Estate

Atlanta Investment Properties - Foreclosures Still Plentiful In Georgia

By Donna S. Robinson | August 26, 2014
From commercial properties to multi-million dollar mansions down to small 2 bed, 1 bath cottages, it appears that there are still plenty of foreclosures and thus potential investment properties available across metro Atlanta and the entire state of Georgia.
Investing, Real Estate Investing, US Real Estate

How To Properly Research Sheriff Sales

By Brian Kline | November 18, 2013
The sheriff's sale is the last step in the foreclosure process. It's also usually the opportunity to acquire a property at the lowest possible price. But that opportunity doesn't come without substantial risk. Because of the risk, buying at sheriff's auctions isn't something I recommend but it is out there and others do it so […]
US Real Estate

The Many Real Estate Investing Opportunities

By Guest Author | July 9, 2013
Even serious real estate investors fail to consider the many, many different investment strategies that are out there. We all know that finding desperate sellers is the best way of helping others out of a bad situation while making a profit for you. Some people think it is unethical searching out distressed property owners to […]
Real Estate Investing

West North Carolina Lots at Auction February 8th

By Al Twitty | January 28, 2013
Yadkin Valley Financial Corp. continues the purging of their loan portfolio with the upcoming auction of some 56 residential lots across northwest North Carolina. Iron Horse Auction Co. Inc. is to handle the auction, according to the news.
US Real Estate, Vacation Properties

Broken Dreams: Couple Wake Up To Nightmare As ‘New’ Home is Bulldozed

By Mike Wheatley | January 15, 2013
A young Detroit couple who thought they had a bargain on their hands when they snapped up an old townhouse for just $500 at auction, swiftly saw their dreams come crashing back down to earth when their new home was reduced to a pile of rubble just weeks later.
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