Nationwide Foreclosure Center

Government Auctions and Foreclosures

You can make a ton of money by buying Government Surplus, Foreclosed Property, Seized or Repo'd Vehicles through the Government of Private Auctions.

You can buy virtually anything at these acutions... FEMA trailers, homes and land, vehicles, electronics, jewelry...you name it. And we will show you EXACTLY how to buy GSA surplus, foreclosures, cars, etc. at up to 90% off - that is no joke, that is a fact. We'll give you access to our unparalleled database of over 2,000 federal, state, and local government agency auctions in your state / territory and on the Internet.

GOVERNMENT SURPLUS, FORECLOSURES & REAL ESTATE

There are literally thousands of homes, mobile homes, and land being foreclosed and auctioned everyday by banks, the Federal Government Agencies, as well as State and Local municipalities.

We're going to provide you with the absolute best resource for these auctions...and believe us, we know. We have scoured every list, every report, and hundreds of websites, and we are absolutely confident that this is the absolute best information available. Featured in publications and television nationwide!


This list excels and does not compare to anything else we have found.. offering over 2000 agencies and 75,000+ foreclosure listings, FEMA, GSA, etc. Unheard of. IMPORTANT! IMPORTANT! This is where our sources come in...you are going to find thousands of pre-foreclosures... before they hit the public market and are listed by every real estate agent and out the door!

And even more important...almost every listing has direct contact info: name address, phone number, etc.

*NEW! FEMA Trailers now available!

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Secrets of Power Bidding

The secret of power-bidding

Bidding at a foreclosed real estate auction is not for the faint-hearted – but there are potentially fantastic profits to be made for those who go about this task in an organized and rational way.

On the downside, you may not have been able to inspect the property and it certainly won’t come with a warranty but your mental guide price can be more than a shot in the dark, if you’ve done your homework.

Here are some tips for success in the real estate auction game:

First, it helps if you’ve already got some track record in real estate investment and you know the market place. It’s good if the house you’re bidding on is in a neighborhood that you know or have studied in some depth. Attend local open houses to get a better feel for the market and talk ‘innocently’ to the realtors about their views either on the locale or even the specific house you’re interested in.

Second, the first auction you go to should definitely not be the one you’re going to place that all-important bid in. Go to as many auctions as you can, starting tomorrow, to get a feel for the way they work. Details are usually in the local paper. Talk to other investors to try to pick up some of their ‘secrets’.

Then, make sure you’ve done as much research as possible on title, outstanding liens or other issues that might affect legality and resale of the house.

At the auction itself, take with you evidence that qualifies you to bid. This may be cash or a cashier’s check that covers a large part of the expected price of the deal. Most auctions are all-cash sales but, in a few cases, it may be enough to demonstrate you have a deposit; you will then get a month or so to come up with the rest.

Let the bidding start without you. Don’t show your hand till as late as possible and always wait until just before the auctioneer’s third price call before raising your hand.

Know exactly in your own mind what your ceiling figure is. The auction is not a test of your bidding prowess; it’s a test of your investment savvy. Don’t mix the two up!

#1 Must-Have Tool for Foreclosure and Short Sale Investors

The one thing that EVERY lender will ask for when submitting a short sale offer is the HUD- 1, and if you don't have it, or you don't have it filled out correctly, it is a guaranteed deal blower.

The HUD-1 is ab absolute must have form, and if you've never filled on out, it can be a nghtmare. Trust me.

It is a very complex document containing dozen of line items, dollar amounts, calculations, etc.

All it takes is putting the wrong information in the wrong field one time, and you can blow your entire offer.

So, we've partnered with a company that has created a web-based software tool that allows you to generate a HUD settlement statement online, on demand. Totally easy.

An attorney will charge you $50-$100 to put together a HUD statement for you, but this program is only $27 a month. Just do one, and you've saved a ton of money. Another perk they offer is online coaching, in case you have any problems or questions. Chris Daigel, the owner/creator of EasyHUD normally charges $400 an hour, so I guess that's a true bargain.

Really, take this one suggestion...if you are going to submit short sale offers, this is the one tool you will absolutely need in order to save a ton of money...and alot of headaches.

Do yourself an immense favor and sign up here.

Property Foreclosures-A Golden Opportunity

Property foreclosures – a golden opportunity

The housing market is in disarray. Some financial institutions are struggling to balance their books – and so are hundreds of thousands of homeowners, especially those who took on variable rate mortgages and are now seeing their monthly payments outstripping their incomes.

Mortgage defaults are a fact of life. If people cannot make their repayments, they’re in default and, under the terms of the mortgage or trust deed, whoever granted the loan is usually entitled to get their money back by selling the house.

This is what foreclosure is all about. It’s what happens when lenders decide to call in their home loans because the borrower has stopped paying and in the current climate, with foreclosures at a near record level, there has rarely been a better time to consider real estate investment as a pathway to substantial returns.

The opportunity for investors is that, typically, lenders are only interested in recovering their debt, which may be significantly below the market value of the house. They may even be prepared to sell at a loss, depending on market conditions.

Or, sometimes, the house owner, realizing the potential loss of his/her home will try to sell it quickly – with the agreement of the bank – to cover the debt and outstanding payments.

Either way, this situation – called a distress sale in the real estate business – creates a valuable prospect, not just for property investors but also for those seeking to buy their own home at outstanding value.

Reasons why you might want to buy a foreclosed home include:

·         You’re looking for a margin of safety. House prices are falling generally and you don’t want to find yourself paying over the odds for your new home.

·         Your own wealth is limited and may not match the market price of the home of your dreams. But you might find a foreclosed home below market value that comes pretty near to the mark

·         It’s a simple but serious investment. Even if the house is not in first class condition, you can fix it up and either sell it for a substantial profit or retain it as a rental.

·         It’s a major part of your investment strategy and you stand to make substantial profits through large-scale flipping of foreclosed homes or by building a substantial portfolio of rentals or rent-to-buy homes.

Whichever category you fit into you’ll share some of the same issues and concerns, like knowing exactly how the system works – there are different types of foreclosure and different ways of handling them according to which state they are in; understanding and minimizing the pitfalls – sometimes houses must be bought sight-unseen; knowing the true market value of a house you’re interested in buying; and, crucially, knowing where to find lists of foreclosed and pre-foreclosed houses.

There are several key sources for intelligence about foreclosures, most notably court and county records, local newspapers and online services that will keep you supplied with leads for the price of a monthly subscription

Above all, getting sound professional advice from a realtor or real estate attorney can save you money and heartache. For beginners in the foreclosure investing market, the whole business can seem a little daunting – but, more often than not, the time and determination invested – to say nothing of the money – will pay huge dividends.

The scale of your return will depend on two key factors:

·         How much below market value you paid and how much it costs to get it into saleable condition. You hear of people who bought a house for just 10% of its market value but 60% to 80% is nearer the true mark

·         Whether you decide to sell the house or rent it out for a steady flow of income; in that case, a capitalization return of 15% is not uncommon

Foreclosure Assistance

We offer assistance in Loan Modification, Short Sales, Short Refi's...whatever it takes to stop your foreclosure...we can do for you!

We are a group of foreclosure and short sale specialists and we know this business! We negotiate on YOUR behalf, and represent YOUR best interest.

  Let's face it...lenders really don't care about your situation. They are not concerned with WHY you are in default...they don't care that your interest rate skyrocketed, or that you lost lost your job, or that your insurance and taxes have doubled, or that you experienced divorce, or an illness...believe me, they simply don't care.

All that they know is that you are in default. And they are going to place you in foreclosure...faster than you think.

Now, you can pick up the phone and try and get someone at your lending institution to listen to you, and to take pity on your situation, to consider a new arrangement with your loan, or to stop the foreclosure while you work out a new plan ...but we can almost guarantee that this is NOT going to happen. And if you have tried, you know exactly what we are talking about.

Lenders are receiving approximately 2000 requests for loan changes/short sale offers PER WEEK!They don't have the time, the staff, or the desire to address your situation!

You are put on hold, you leave message after message, you reach someone who will transfer you to someone else, you are asked to send in a huge pile of paperwork, they lose your paperwork, ...and finally they deny you. No loan modification, no short sale, no exceptions. And now it is too late, because the date for foreclosure has arrived.

Don't take this chance. Let someone that is an expert at stopping foreclosures work for you.

According to the help you need, there may be *NO COMMISSIONS OR MITIGATION FEES to you! We may be able to represent you *FREE OF CHARGE!

We are experts at every aspect of the foreclosure business...short sales and pre-foreclosure, loss mitigation, loan modifications, short refi's,.

We take your situation seriously, and will work on your behalf with professionalism and compassion. Our staff is available to answer your questions, and to keep you updated on the process. We understand....and most importantly, we care.

WE OFFER A *FREE, ABSOLUTELY NO OBLIGATION CONSULTATION. TAKE A MINUTE AND TALK TO US! We may be able to stop your foreclosure, FREE OF CHARGE! CALL NOW AT 941-916-2251 or email me personally at hdustin@comcast.net

*Please note: Although we may be able to represent you free of charge, there will be a $199 administrative/processing fee for all accounts accepted.

Foreclosure and Short Sale Terms

Getting to terms with foreclosure

In legal terms, a foreclosure is “the equitable proceeding in which a bank or other secured creditor sells or repossesses a parcel of real property (immovable property) due to the owner’s failure to comply with an agreement between the lender and borrower called ‘a mortgage’ or a ‘deed of trust’.”*

Phew! What that means: You don’t pay your mortgage – the bank sells your house.