Beginning today, Real Estate Disposition (REDC) is auctioning more than 350 bank-owned foreclosures in Northern and Southern California, including 76 occupied properties. Through June 12, REDC will auction more than 70 Northern California properties, including 34 occupied homes. An online-only auction, the offering ends at noon Central. The Southern California auctions of more than 300 foreclosures, including 42 occupied homes. Both a live and online auction, the offering begins June 19 at 9:30 a.m. and closes the following day. Real estate services company REDC has auctioned more than 20,000 so far in 2010, and foreclosures on behalf of banks. The auctions have raised more than $725m this year. In early December 2009 alone, REDC auctions facilitated $68.8m of foreclosed property purchases. Write to Diana Golobay.
REDC to Auction 350 Bank-Owned Foreclosures
Most Popular Articles
Latest Articles
The best real estate podcasts for agents and brokers in 2024
The best real estate podcasts to motivate, inspire, entertain and enlighten you this year.
-
Home sellers saw their profits shrink in the first quarter: Attom
-
If reelected, Trump could seek greater control over Federal Reserve
-
Acra CEO Keith Lind on staying the course amid choppy waters in non-QM
-
HUD walks back some proposed changes to HECM for Purchase program
-
Retirement confidence hasn’t fully recovered, but survey shows hope for future prospects