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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. 16 East Fayette St Baltimore, MD
21202 (Commercial and Specialty Property) http://www.ajbillig.com/
AuctionZip.com 105 S. Richard St, Suite B Bedford, PA 15522 http://www.auctionzip.com/realestate.html
Bid4Assets 8757 Georgia Ave Suite 1330 Silver Spring, Maryland
20910 http://www.bid4assets.com/
Cal-Western Reconveyance P.O. Box 22004 El Cajon, CA. 92022-9004 http://www.cwrc.com/html/sales.asp
Department of the Treasury National Property Auction Site http://www.treas.gov/auctions/treasury/rp/
Federal Asset Sales National Listings http://www.usa.gov/shopping/realestate/realestate.shtml
HUDforeclosed.com 3835 R East Thousand Oaks Blvd #431 Westlake
Village, CA 91362 http://www.hudforeclosed.com/
Hudson and Marshall 17950 Preston Rd Suite 50 Dallas, TX 75252 http://www.hudsonandmarshall.com/
Jerome J. Manning & Co., Inc., 179 Old King's Highway Yarmouth
Port, MA 02675 http://www.jjmanning.com/
J. P. King Auction Company, Inc. Condominium and Development
Liquidation http://www.jpking.com/
National Auctioneers Association 8880 Ballentine Overland Park, KS
66214 http://www.naarealestateauctions.com/consumer/index/mls
Priority Posting and Publishing 17501 Irvine Blvd., Suite One Tustin,
CA 92780 http://www.priorityposting.com/Priority/index.asp
ReconTrust Co. (a div. of Countrywide Financial) 1757 Tapo Canyon
Rd Simi Valley, CA 93063 http://www.recontrustco.com/
RealtyBid International, LLC 3225 Rainbow Drive, Suite 248 Rainbow
City, AL 35906 http://www.realtybid.com/
RSVP Foreclosure Service 2600 Stanwell Drive, Suite 200 Concord, CA
94520 http://www.rsvpforeclosures.com/
Williams & Williams Auctioneers Triad One Center 7666 E. 61st St.,
Suite 135 Tulsa, Oklahoma 74133 http://www.williamsauction.com/
If you have other auction website or foreclosure auctioneer and would
like to be added to the list, send an email of the foreclosure auctioneer site
here: addurl
More Real Estate and Foreclosure Property Investment Resources
Foreclosure Sale Risks -
explanation of risks when bidding at trustee sales and sheriff's sale
auctions.
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