Boston Foreclosure Auctions
REMINDER: Boston Foreclosure Auction Today!
More than 400 foreclosed homes in Massachusetts and New Hampshire will be auctioned at 9:30 a.m. Saturday by REDC/USHomeAuction.com at the Westin Boston Waterfront hotel.
Boston Foreclosure Auction scheduled for Saturday March 7, 2009.
More than 400 foreclosed homes in Massachusetts and New Hampshire will be auctioned at 9:30 a.m. Saturday by REDC/USHomeAuction.com at the Westin Boston Waterfront hotel. There will be an auction simulcast at the Quality Inn and Wayfarer Convention Center, in Bedford, N.H. The public may see all the homes in the auction and pre-register online [...]
Boston Foreclosure Auction Drew Many Buyers
Massachusetts Foreclosures were up 62 percent in 2008. As a result, some banks are carrying many new properties that are worth much less than they were when they were purchased; banks also have to pay taxes on these properties and are eager to sell them, creating a buyer-friendly market. In order to rid themselves of [...]
Buying a Foreclosure? Remember the Title Search!
While buying a home at foreclosure auction has serious upside potential, there are some risks. In particular, when one purchases a home at auction, the buyer takes on all of the liability of the property. The risks include: liens (like mortgages, back taxes, mechanics liens, etc., assessments, and easements (recorded legal rights to the property [...]
Hancock Tower in Downtown Boston Foreclosed
The Warren Residential Group reports that Broadway Real Estate Partners LLC defaulted on the $700 mezzanine loan they took on the Hancock Tower. The Hancock was part of a $3.3 billion portfolio acquisition by Broadway from local real estate firm Beacon Capital. Broadway is now feeling the effects of a softening Boston commercial real estate market with tenants [...]
Upcoming Foreclosure Auction in Boston
If you’re looking to purchase a foreclosed home in the greater Boston area, the upcoming auction, being held at the the Boston Quincy Marriott, should be a great opportunity. About 100 bank-owned properties from Boston to Charlton will be sold to the top bidder on January 31st, during a ballroom auction at the hotel. Dallas-based [...]