10 Auctions

Posted by Crystal on August 9, 2011 under Auctions | Comments are off for this article

It is always exciting when we have several auctions set to end. Tomorrow at 6PM EST, 200+ Auctions of Real Estate Notes will be accepting their final bids!

Here are 10 auctions that are on the block for your consideration:

Item City State Zip Property Type Sq. Ft. Beds Baths Original Loan Amount Current Bid
102118 Sacramento CA 95842 Condo 840 2 1 $152,440 $23,800
102034 Houston TX 77033 Residential 1,228 4 1 $68,458 $9,800
102096 Phoenix AZ 85051 Condo 1,080 2 3 $72,597 $10,700
101950 Las Vegas NV 89122 Condo 840 2 1 $116,400 $18,500
102114 Queen Creek AZ 85242 Residential 1,533 3 2 $164,000 $24,600
102100 Miami FL 33138 Condo 876 2 1 $165,600 $36,800
102042 San Antonio TX 78212 Residential 803 3 1 $52,000 $7,600
102119 Stockton CA 95206 Residential 1,000 3 1 $204,000 $33,200
102038 Homestead FL 33035 Condo 1,436 3 3 $193,600 $30,000
102115 Hurt VA 24563 Residential 1,052 3 1 $71,250 $10,300

Visit RealtyNoteBid.com today to sign up for your free membership and place your final bids on these auctions today!

MERS withdraws from Foreclosure Business

Posted by Lindsay on July 29, 2011 under News | Comments are off for this article

DSNews Carrie Bay reports Mortgage Electronic Registration Systems, Inc., “was designed as a paperless property registry to facilitate the transfer of mortgages. The system is also used by communities to identify parties responsible for vacant properties.” – Carrie Bay

However in March, following investigations and court filings, MERS announced in March that it would discontinue its services banning members from utilizing them as a foreclosure agent.

Independent investigations launched in Massachusetts and Delaware. Status TBD whether MERS, “has violated state foreclosure and real property statutes.”

Meanwhile big names including  Fannie and Freddie, “have stopped foreclosing in the name of MERS already.”

Auction of the Week: 3 bed/2 bath single-family home in Millington, TN $12,400

Posted by Crystal on June 19, 2011 under Auctions | Comments are off for this article

This week at RealtyNoteBid.com we are featuring a note auction for a single-family home located in Millington, TN. Millington is a nice place to call home and is known for their “Flag City Freedom Celebration” on the 4th of July each year. This house has 3 bedrooms, 2 baths and over 1200 square feet of living space. The original principal balance of the note was $83,500. The lender has priced this note to sell at a low starting bid of $12,400 — an 85% discount to the original note amount!

Starting Bid: $12,400
Single-Family Home
3 bedrooms
2 full baths
Approx. 1,289 sq. ft.
Address:
6829 Northknoll Avenue
Millington, TN 38053

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View this auction at RealtyNoteBid.com: Auction 101978

Find over 300 discounted real estate auctions including TN Real Estate Auctions at RealtyNoteBid.com!

NOTE SALE – This is a non-performing note that is secured by a first lien against the subject property. The note is 90+ days past due. Seller will provide qualified investors with the loan documents once the minimum reserve price has been reached. Seller reserves the right to accept/decline any offers at their sole discretion. Please login to view the full auction details.

Featured Auction: 3 bed/3 bath Homestead, Florida Condominium Starting Bid $29,000

Posted by Crystal on June 13, 2011 under Auctions | Comments are off for this article

It is Monday June 13th and today we are featuring this great condominium located in Homestead, Florida. With a spacious 1,436 square feet floorplan, this 3 bedroom, 3 full bath condominium is a great buy at a low starting bid of $29,000. We are pleased to offer this auction at 84% off the current principal balance owed on the note. This lender has discounted the property in order to sell quickly. Here is more information:

Featured Real Estate Auction Starting Bid: $29,000
Condominium
3 bedrooms
3 full baths
Approx. 1,436 sq. ft.
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Find over 100 discounted Florida Real Estate Auctions at RealtyNoteBid.com!

View this auction at RealtyNoteBid.com: Auction 102038