Boston Foreclosure Auctions
Is the Foreclosure Crisis in Massachusetts Ending or At Least Slowing?
The foreclosure mess is far from over.
But there is a flurry of signs, some national, and one local, that we just might be finally reaching a turning point.
On the macro level, the number of homeowners falling behind on their mortgages actually fell in the fourth quarter, the Mortgage Bankers Association reported Friday.
Mortgages either 30 or [...]
Boston’s Rich Suburbs See Foreclosure Increases
Boston foreclosed homes for sale continue to rise in affluent suburbs as unemployment creeps into upscale communities, jumbo lending becomes restricted and property values fall to their lowest levels, based on data from real estate research company Warren Group.
In Nantucket, upscale houses priced at $1.6 million in 2008 were being sold off at $1.2 million [...]
Local Foreclosure Auctions Coming Up for Connecticut, New Hampshire and New York
Discounted foreclosures crowding the housing market continue to drive down home prices and entice buyers off the sidelines. According to the National Association of Realtors (NAR), distressed property sales, including foreclosures and short sales, accounted for 30% of home sales in the third quarter of 2009. America’s leading real estate-owned (REO) auction firm, Hudson & [...]
Polaroid Foreclosure Auction in Massachusetts Fails to Draw Bids
The future of a proposed $500 million development at the former Polaroid Corp. headquarters in Waltham remains murky after a foreclosure auction Friday failed to garner any acceptable bids on the property.
The auction was held by Helaba, the German bank that holds the first mortgage on the property. Helaba itself ended up buying the site [...]
WBUR Report on Massachusetts Foreclosures and Massachusetts Foreclosure Auctions
Jon Davis handles 10 percent of the state’s foreclosure auctions. The Marshfield lawyer has been watching these auctions migrate from places such as Dorchester and Lowell.
“Now you’ll see them in the Sudburys, the Hinghams and the Westons,” Davis said, “where you wouldn’t have in the past expected to see foreclosures.”
The reason for these auctions is [...]
North Shore Music Theatre Foreclosure Sale Results
BEVERLY, MASS. – Gone, in less than two hours. Well, sort of.
In today’s 1 p.m. auction of the North Shore Music Theatre on Dunham Road in Beverly, Citizens Bank, the holder of the primary mortgage on the property, was the winning bidder, so to speak.
So, essentially, nothing has changed.
In a process that took less than [...]
North Shore Music Theatre Foreclosure Auction – October 1, 2009
North Shore Music Theatre closed in June due to mounting financial problems. David Fellows, chairman of the NSMT Board of Trustees said the board of trustees has turned the property and assets over to Citizens Bank, which is in the process of foreclosing on the theater’s two mortgages, which total about $5.2 million. The theater [...]
Massachusetts Foreclosure Auction for Abbey Grill and Great Hall Dates
The auction for the foreclosed bank owned Abbey Grill and Great Hall in Fall River, Massachusetts has been scheduled on August 20. This is the third auction date that Millennium bcpbank, the holder of the property’s mortgage, has set for Abbey Grill and Great Hall. The first two dates were set in March and May.
The [...]
Worcester Massachusetts Foreclosure Auction Listings
Foreclosure Auction
15 Fitchburg Rd, Ashburnham, MA
Brandy Goulkin
Mxu Res+Com
$256,600
07/22/2009
Foreclosure Auction
17 S High St, Ashburnham, MA
Mark S Houle
1-Fam Res
$196,600
07/24/2009
Foreclosure Auction
117 Sherbert Rd, Ashburnham, MA
Peter R Blanchard
1-Fam Res
$198,100
07/30/2009
Foreclosure Auction
1397 Pleasant St, Athol, MA
Mark A Moseley
1-Fam Res
$213,700
07/29/2009
Foreclosure Auction
8 Magna Vista Dr, Auburn, MA
Jesus Carrion
1-Fam Res
$266,000
07/22/2009
Foreclosure Auction
57 Baker Pond Rd, Charlton, MA
Roy Levato
1-Fam Res
$507,200
07/29/2009
[...]
Marlborough Massachusetts Foreclosure Auction Listings
Status
Address
Owner
Property Type
Assessed Value
Date
Foreclosure Auction
110 Boston Post Rd E #106, Marlborough, MA
Luzia Braga
Condominium
$151,200
07/17/2009
Foreclosure Auction
259 Boston Post Rd E #7, Marlborough, MA
Evaldo Chaves Dasilva
Condominium
$121,100
08/03/2009
Foreclosure Auction
616 Boston Post Rd E #28, Marlborough, MA
Steven C Mucci
Condominium
$82,000
07/20/2009
Foreclosure Auction
688 Boston Post Rd E #127, Marlborough, MA
Anna Maria Oliveira
Condominium
$147,200
07/24/2009
Foreclosure Auction
30 Church St, Marlborough, MA
Beatriz R Desiqueira
1-Fam Res
$277,400
08/03/2009
Foreclosure Auction
5 Country Ln, Marlborough, MA
Rene [...]