The financial crisis of 2008 and 2009 meant that buying a foreclosed home became remarkably
easy. An unprecedented number of mortgage holders defaulted on their payments meaning that
foreclosed and seized real estate flooded the market, boosted by the intervention of the police and
IRS in such matters. Events in recent years have resulted in the market for these properties
remaining buoyant to the extent that foreclosed and seized properties are available in virtually
every real estate market across the country, providing opportunities for both home owners and
investors alike. The big advantage of buying a foreclosed home is the price, as well as several
government-sponsored financing options that remain available to bidders. Lenders are
increasingly selling their seized assets via auction in order to quickly release their investment.
Seized Private and Commercial Real Estate From Banks and IRS
SEIZED
10 Maupin Ave
Estimate: $118,452
Purchase Price: $27,500
Savings: $90,952
103 Marcy St
Estimate: $134,449
Purchase Price: $40,000
Savings: $94,449
1009 Virginia Ave
Estimate: $98,726
Purchase Price: $23,200
Savings: $75,526
3862 Augustine Cir
Estimate: $193,975
Purchase Price: $65,500
Savings: $128,475
Recently Sold Real Estate
Featured Auctions
Description
Bid
Information
870 Cross Creek Road Containing 2.43 Acres
$4,700
108 Jackson Street Property Sold As Is
$6,500
Innerarity Island 16651 Seascape Street
$27,563
Vacant Lot Obtained Via Tax Foreclosure
$9,345
E Spring Valley Street Baltimore Heights
$2,025
SEIZED
FORECLOSED
GOVERNMENT
IRS
Receive unlimited access to the largest online source of police and government auctions in every state in the US. Get immediate access 24 hours a day, 7
days a week to a database of auctions and listings of available cars, trucks, SUVs and more at up to 95% off book value. Plus lots more items including
seized real estate, unclaimed money, seized boats and vessels, personal property items as well as government surplus property.
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Gov Auctions Network is the preferred
database for government pre-owned and
repossessed vehicles as well as seized real
estate and personal property.
Instant access to thousands of auctions
taking place in every US state.
Website designed for excellent browsing
experience on mobile and desktop devices.
Very responsive customer support for
any questions or issues that may arise.