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Real Estate Auction Companies & Foreclosure Auctioneer DirectoryA Listing of Foreclosure auction websites and foreclosure trustees and auctioneers. When lenders have defaulted loans they begin foreclosure on the defaulted property by using a foreclosure company as a trustee. The final stage of the foreclosure process is for the foreclosure trustee to auction of the defaulted property at a trustee sale or sheriff's sale. Below are links to foreclosure auction companies and auction foreclosure trustees who conduct the auction sales. More information on the: Foreclosure Process and Foreclosure Laws At the trustee sale, the property often goes back to the lender, usually because the opening bid at the trustee sale is higher than any auction bidders are willing to pay. The foreclosed property is now referred to as an Bank Owned Property or REO property and may be listed by a local real estate broker on the local MLS. The foreclosed property is also usually posted on the lenders REO website. Here is a Directory of free REO websites for all major lenders Bank Owned Homes by Lender Directory - Listings of REO websites for all the Major lenders Asset Manager Auction websitesSometimes lenders prefer to expedite the sale of these REO properties with a real estate auction company. Below are listings of Real Estate Auction Companies and Asset Managers which conduct these auctions. AJ Billing & Co. AuctionZip.com Bid4Assets Cal-Western Reconveyance Department of the Treasury Federal Asset Sales HUDforeclosed.com Hudson and Marshall Jerome J. Manning & Co., Inc., J. P. King Auction Company, Inc. National Auctioneers Association Priority Posting and Publishing ReconTrust Co. (a div. of Countrywide Financial) RealtyBid International, LLC RSVP Foreclosure Service Williams & Williams Auctioneers
More Real Estate and Foreclosure Property Investment ResourcesForeclosure Sale Risks - explanation of risks when bidding at trustee sales and sheriff's sale auctions. Real Estate Articles and Investing Resources - useful real estate links for investors
Private and Hard Money Lenders in California PO Box 91472, San Diego, CA 92169 jmac@TheHardMoneyPros.com www.TheHardMoneyPros.com (619) 846-1550 ©Copyright 2006 JMAC Funding Licensed by the California Department of Real Estate, DRE# 01440161 |