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Local
Seized Cars and Real Estate Auction Listings |
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REAL ESTATE AUCTIONS FAQ |
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Question:
What are
seized
properties?
Why are
they so
cheap?
Answer:
A seized
property
is a
home
that has
been
repossessed
by the
lender
because
the
owners
failed
to pay
the
mortgage
- this
is
called
foreclosure.
Hundreds
of
thousands
of homes
end up
in
foreclosure
every
year.
Economic
conditions
affect
the
number
of
foreclosures,
too.
Due to a
variety
of
circumstances,
hundreds
of
people
or
businesses
default
on their
mortgages
every
day, and
as a
result
have
their
properties
seized
by banks
or other
private
and
government
institutions.
Because
of the
constant
influx
of new
seized
properties
and the
enormous
amount
of money
and time
required
to
maintain
and
market
them,
the
banks
attempt
to
recover
at least
some of
the
money by
conducting
public
seized
property
auctions.
As a
member,
you will
be able
to
access
fresh
listings
nationwide
and have
an
exclusive
ability
to buy
directly
from the
banks
and
other
institutions,
for up
to 90%
off the
actual
market
value of
any
property.
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Question:
What
types of
seized
properties
are
there?
Answer:
You can
find
virtually
any type
of real
estate
within
our
network
of
resources
and
links:
single-family
houses,
multi-unit
houses,
apartments/townhouses,
commercial
properties, mobile
homes,
land,
timeshares,
vacation
and
rental
properties.
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Question:
How do
you
determine
the
value of
a seized
property?
Answer:
You will
be
provided
with all
the
information
regarding
the
assessed
value
and the
current
market
value of
any
seized
property.
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Question:
Is it
possible
to get
financing?
Answer:
Yes.
You will
get
access
to a
wide
variety
of
financial
institutions
that
provide
mortgages
for
seized
properties.
Your
interest
rate
will
vary
depending
on your
credit
score
and
other
factors,
but even
with bad
credit
you will
be able
to buy
properties
with
small
down
payments
and have
a good
interest
rate on
your
mortgage
-
because
there
are
hundreds
of banks
and they
are
forced
to
compete
for your
business.
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Question:
Is it
possible
to
resell
the
properties
and make
profit?
Answer:
Absolutely!
Many
people
have
been
doing
this for
a long
time
now,
building
their
wealth
and net
worth in
the
process,
buying
and
selling
seized
properties.
More and
more
properties
become
repossessed
every
month
thus
providing
a
constant
variety
and a
growth
factor
to this
market
sector.
You can
acquire
the
properties
through
this
site and
sell
them
immediately
for
their
current
going
market
value,
and
pocket
all the
profit
which
could
range
from
tens to
hundreds
of
thousands
of
dollars
if you
buy
smart!
Remember,
real
estate
is the
number
one
"millionaire-maker"
in the
United
States -
and
seized
properties
sector
is the
number
one
profit-generator
within
the real
estate
market!
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Question:
Is it
possible
to buy
properties
with $0
down?
Answer:
Of
course!
Zero-down
seized
properties
are
available
in every
state
and many
new
properties
are
added to
the
listings
on a
daily
basis!
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