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Real Estate Auction Companies & Foreclosure Auctioneer Directory
A 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 websites
Sometimes 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.
Department of the Treasury
Federal Asset Sales
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 Resources
Foreclosure 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