In a chilled housing market where prices continue to cool, bank-owned foreclosure auctions offer buyers a fast, easy way to grab the best deals on the market. Lenders are eager to sell their foreclosed properties at auction at discounted prices to avoid the long-term carrying costs incurred by these loans. America’s most trusted foreclosure auction [...]

Homes Will Be Auctioned August 12th-17th in Jacksonville, Tampa, Ft. Myers, Miami/Ft. Lauderdale, Orlando and Other Cities

Sprouting up like weeds across the country, foreclosures show no signs of abating but offer buyers the chance to purchase homes at affordable prices. Banks are selling their foreclosed properties at auction at tremendous discounts to avoid losing more money on these loans.
Hudson & Marshall, America’s leading foreclosure auction firm, will auction over 200 bank-owned [...]

With foreclosures continuing to rise, Bellevue-based DepotPoint has scored $7 million to roll out new online services that help real estate professionals better manage distressed properties.
The deal was led by OVP Venture Partners, with Trident Capital also participating.
“DepotPoint’s tools will significantly streamline the foreclosure process for banks and mortgage servicers,” said OVP’s Mark Ashida in [...]