Richmond Hill Real Estate Statistics
Richmond Hill real estate average sold price$1,298,167$16,188$1,314,355$151,597$138,406$1,436,572Richmond Hill average sold price for homes$1,827,138$49,620$1,777,518$27,839$16,822$1,843,960Average Richmond Hill condo sold price$637,510$28,452$665,962$18,251$64,210$701,720Average sold price of Richmond Hill townhouse$1,066,212$58,210$1,124,422$111,454$157,367$1,223,579
Bank Owned Land For Sale Listings
A quick Google search will demonstrate how scarce your options are. However, you can still find foreclosed land for commercial investments if you know where to lookweve included a section of the best below.
LandCentral.com
LandCentral.com looks to simplify the land buying process, priding themselves on the headache-free approach of, No realtors, no paperwork, no hassle.
The team behind the platform specializes in land for sale and has over 20 years experience sourcing and selling land. This allows them to provide extensive details and guidance on purchasing each plot.
In addition, LandCentral.com has a dedicated section on foreclosed land. They post an extensive, monthly list of foreclosed land for sale which you can subscribe to in order to receive notifications as soon as the latest plots hit the market.
LandWatch
LandWatch offers thousands of bank owned domestic and international land for sale listings. You can refine your search based on price range, parcel size, country, type , availability, and sale typeeither fixed price or auction.
You can also simplify your search and browse foreclosed land based on a map of each of the US states.
Land and Farm
Land and Farm, which boasts $294 billion of rural real estate, is a great place to find distressed, rural plots.
The site includes commercial land, ranches, farms, and residential land, and also has a section strictly for land auction properties.
FarmFlip
Commercial Real Estate Foreclosures
When considering investing in real estate, do not overlook the opportunities in income producing properties. Commercial real estate investment is an industry that offers one of the surest ways to gain wealth with the lowest barriers to entry. Real estate markets have ups and downs, with values fluctuating due to market conditions in certain localities primarily driven by overbuilding and high interest rates. Commercial real estate typically does not react to those outside factors in such broad swings. Values on commercial real estate tend to follow a steady upward path.
The fact that a property is available through a real estate agent specializing in foreclosures, or on the foreclosure.com website, does not mean there is something wrong with it. Properties in this category are more likely to be in foreclosure or bankruptcy on an account of problems of the owner/developer than from forces directly related to the property. Prime properties and excellent opportunities abound in the commercial real estate space.
The pathway to success in commercial real estate can be shortened by researching the commercial foreclosure and business foreclosure markets.
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Foreclosure Listings Free Sites
Equator.com. Equator offers free listings of homes in foreclosure under buy, click on foreclosure homes alongside short sales, open-market listings, and properties available through the Hubzu auction process.
HomePath.com. Owned by the Federal National Mortgage Association, known as Fannie Mae, HomePath.com offers free listings of thousands of homes in foreclosure being sold by Fannie Mae.
HomeSteps.com. This site is owned by the Federal Home Loan Mortgage Corporation, also called Freddie Mac. It lists homes in foreclosure that Freddie Mac is selling to investors or potential home buyers.
Zillow Foreclosure Center. The popular website used by home sellers and buyers alike has its own search site for foreclosure listings. You can fashion your own method of searching, filtering by cost or location.
Realtor.com Foreclosures. Similarly, Realtor.com, also used by new-home seekers or sellers, can help you find foreclosures. You can focus your search using a zip code and/or city. And, while we’re on the subject of Realtors, you can also check with local real estate companies and their agents directly to search for foreclosed homes.
Bank of America-owned properties and foreclosures. This site allows users to search for real estate owned or bank owned foreclosed properties, by zip code or other methods.
Foreclosed Apartment Buildings As Financial Opportunities
Even though these foreclosed apartment buildings can be disastrous for the renters in some cases, they may also be an opportunity for you to own one of these buildings at under market value. Many of the apartment foreclosures for sale took place as a result of people taking out too much of a loan without the forethought that the property value might drop dramatically.
Many of these apartment building were purchased during the time whenever the real estate bubble was at its height. As a result of that bubble dropping out from underneath them, many apartment owners are resorting to walking away from their loans, similar to the way that many single-family homeowners are now facing a difficulty in paying their loans.
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Apartment Foreclosures That Affect Renters
One of the most common ways that apartment foreclosures affect an individual is whenever they are evicted from their home because their landlord defaults on the property loan. At times, this only affects one family, but there are other times whenever apartment building foreclosures take place and an entire community is affected.
The laws are currently changing in favor of the renters and in many states, written notice must be given multiple times whenever an apartment building is going into foreclosure. They may even have the opportunity to stay within their apartment through the foreclosure process, becoming a tenant of the new owner.
What Are Commercial Foreclosures
Commercial foreclosures are properties that have been put up for public sale because the previous owner defaulted on their mortgage payments. This can happen for a number of reasons, including bankruptcy or the previous business occupying the space simply going under. Commercial foreclosures are often available as government repossessions due to tax debts as well. No matter the source, commercial property foreclosures are always undersold. This is because the remaining mortgage debt or tax debt owed is often far less than the actual value of the property. To encourage a quick sale of the property and to make their money back, the government agency or mortgage lender will undersell the property.
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Search Pre Foreclosures Off
Reonomy, a leading property intelligence platform, makes it easy to find the exact property youre looking for, regardless if its listed or not.
How? First, you can search for land, multi family, and a bevy of other commercial asset classes and sub-classes in your refined location of focus.
From there, you can use the platform to filter and only see properties that are currently in pre foreclosure. Search by pre foreclosure category or by its auction date .
Once youve found properties of interest, you can unlock their true ownersarguably the most important part of your commercial real estate search.
Even if the property is owned by an LLC, you can pierce that umbrella entity to uncover actual owners and their corresponding contact information, including emails, phone numbers, and mailing addresses.
All in all, Reonomy completely transforms your bank owned property search. Not only can you explore any property in any market, you have the property intelligence to uncover strategic insights and connect directly with decision-makersall in just a few simple clicks.
Bank Owned Commercial Properties For Sale Listings
Or, you could take the traditional route of searching through commercial listing and foreclosure listings platforms. While your pool of properties to explore will be smaller, youll find bank owned commercial properties currently being sold to the public.
Unfortunately, there are not many great options when it comes to finding commercial properties that are actively bank owned. Below are few of the more competitive options
LoopNet
LoopNet currently has over 500 foreclosed commercial properties available on their platform, including retail, hospitality, and multi family foreclosed properties, as s well as land. LoopNet is a good source place to find foreclosed commercial property and land.
You can refine your search to the granular level with LoopNets varied search criteria. You can search based on asset types and sub-types , country, states, metros, county, city, zip code, price, lot size, units, cap rate, and year build.
You can also search specifically for distressed commercial properties, or for auction properties only. Whatever youre looking for, LoopNet is one of the better platforms for finding commercial properties.
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Racine County Treasurer Sales
**Scroll Down for Current Sale Information**
The Racine County Treasurer’s Office holds public sales of properties taken in tax foreclosure at certain times throughout the year. There are three types of sales. Sealed Bid Sales, Subsequent Sealed Bid Sales, and Over-the-Counter Sales.
1) Sealed Bid Sales – Minimum Bid Amount Required – Held once or twice a year. Sealed Bid Sales have a start and end date. The property list and sale information will be published in the Racine Journal Times and displayed on our website for the duration of the sale. Bids need to be submitted in a sealed envelope containing a sealed bid form and a cashier’s check or money order for 20% of the bidder’s offered price. The bidder must offer at least the minimum bid amount for the property or the bid will be deemed invalid. The sealed envelopes will be held until the closing day of the sale after which they will be opened at the same time and read aloud for the public. The bids will then be taken to the Human Resource and Finance Committee of the Racine County Board who will decide which bids to approve.
Oregon Foreclosure Homes For Sale
- REALTY SERVICES TEAM. Listing provided by Oregon Datashare$309,9004bds2ba3,024sqft- Foreclosure22 hours ago
- ACTION REALTY. Listing provided by Oregon Datashare$45,0002bds1ba1,218sqft- Foreclosure56 days on Zillow
- REMINGTON REAL ESTATE. Listing provided by Oregon Datashare$264,0003bds2ba1,452sqft- Foreclosure Play
- FISHER NICHOLSON REALTY, LLC. Listing provided by Oregon Datashare$199,0003bds2ba1,404sqft- Foreclosure1 day on Zillow
- HOME QUEST REALTY. Listing provided by Oregon Datashare$245,0002bds1ba1,008sqft- Foreclosure4 days on Zillow
- BEND DREAMS REALTY LLC. Listing provided by Oregon Datashare$339,9003bds2ba1,350sqft- Foreclosure47 days on Zillow
- ACTION REALTY. Listing provided by Oregon Datashare$200,0003bds3ba3,504sqft- Foreclosure56 days on Zillow
- REALTY SERVICES TEAM. Listing provided by Oregon Datashare$299,9003bds2ba1,056sqft- Foreclosure54 days on Zillow
- WHITE STAR REALTY INC. Listing provided by Oregon Datashare$549,9504bds3ba1,960sqft- Foreclosure Three Dimensional
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Personal Property For Reuse And Sale
Personal Property refers to physical items ranging from common products, such as office equipment and furniture, motor vehicles, aircraft, vessels, and animals. Personal Property also includes specialized equipment , such as scientific devices and heavy machinery.
GSA’s Office of Personal Property Management helps federal agencies dispose of personal property that is no longer needed. At the same time, it helps other federal agencies and state, local, and public organizations acquire these items.
The public can purchase personal property that is not needed by federal agencies or by state and local organizations.
Government regulations mandate that federal agencies consider acquiring excess personal property first, before purchasing new items. Each year, this approach saves the taxpayers hundreds of millions of dollars.
For information on federal real property assets and disposal, visit Real Property Disposal. For personal property, additional useful links include National Utilization Officers and State Agencies for Surplus Property.
When no federal agencies need real property, it is determined to be surplus and may be made available for other uses through public benefit conveyances, including homeless use, negotiated sales, or public sales, based on GSA’s determination of the property’s highest and best use.
Chicago Il Foreclosure Homes For Sale
- MLS ID #11691125, PEARSON REALTY GROUP$154,900
- MLS ID #11691161, REALHOME SERVICES & SOLUTIONS, INC.$–3bds1ba1,144sqft- Auction
- MLS ID #11691328, ANTHONY J.TROTTO REAL ESTATE$140,400
- MLS ID #11687062, VYLLA HOME$259,900
- MLS ID #11691363, VYLLA HOME$4,900
- MLS ID #11687452, PEARSON REALTY GROUP$100,000
- MLS ID #11670477, FULTON GRACE REALTY$549,900
- MLS ID #11686351, SOLID REALTY SERVICES INC$145,000
- MLS ID #11684965, RE/MAX PREMIER$104,900
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Based on information submitted to the MLS GRID as of 2022-12-25 10:38:14 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
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Buy Publicly Owned Property
The City of Detroit owns property across the City, including both properties used to support services and properties that are not serving a public purpose. With the approval of the City Council, the City sells surplus property to residents, community organizations, developers, and others for a variety of uses that provide public benefit and return the properties to productive use.
With some exceptions, commercial properties are held by the City of Detroit, under the Planning and Development Department. This inventory includes properties that revert to the City through tax foreclosure, as well as properties previously used in the City that have been deemed surplus.
The Detroit Land Bank Authority owns vacant residential properties, including homes, side lots, and vacant land that may be developed. For more information about the DLBA’s inventory and sales programs, visits website.
The City of Detroit sells its surplus properties in several different ways.
In general, the process for acquiring property from the City is as follows:
- For a successful application, have the following completed or prepared before you proceed:
- City of Detroit taxes paid
- Blight tickets paid
- City-owned or Detroit Land Bank Authority property/properties identified.
- Proposal for the intended use of the property/properties is prepared and ready to submit
- Estimate of total development costs and timeline of projects.
If you are pursuing a Land Bank Project or Special Use
Foreclosure Listings Government Sites
HUD.gov. Potential investors and other home buyers can find one- to four-unit residential properties that the Department of Housing and Urban Development acquired from foreclosure actions on FHA-insured mortgages.
USDA-RD/FSA Properties. The United State Department of Agriculture-Rural Development and the USDA-Farm Service Agency list properties on this website. Here, youll find a small number of single- and multi-family homes, farms, and ranches.Buyers should contact the local USDA-RD office for more information on the property and how to buy it.
IRS Seizures. This Internal Revenue Service website is a portal to finding homes and other property seized by the tax agency for nonpayment of federal taxes.
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Locate Items Of Interest
- GSA operates a variety of sales venues for citizens and public organizations.
- Visit GSA Auctions® for more information or to search and bid on available personal property.
- Visit GSA Surplus Personal Property Sales for other methods of sale including live auction, fixed price, drop-by, and scaled bid.
Winning Investments For Businesses
You’re not going to find value in a business space anywhere like you will on a commercial property foreclosure, and these opportunities are everywhere, often right under our noses. But since they’re not sold by real estate agents, they’re rarely advertised, which means you’ll have to do a little digging to find them. Come search the database at BankForeclosuresSale.com and see what’s available on the commercial property foreclosure market in your area! Get on the road to winning investments and real estate bargains!
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For Citizens Seeking Surplus Property
Personal Property refers to tangible items ranging from common productssuch as office equipment and furnitureto specialized apparatusincluding scientific devices and heavy machinery.
If a state or public organization doesn’t buy this personal property, the general public can buy it from GSA through GSA Auctions® and GSA Surplus Personal Property Sales.
Remember that these are auctions and sales:
- No Giveaways. Stories about $100 yachts or exotic cars sold for little or nothing are pure fiction. GSA expectsand gets a fair market price. GSA has a responsibility to the taxpayers to receive the best possible return on the tax dollar when they are sold.
- No Guarantees. GSA does not guarantee the condition of sale items. We encourage you to inspect personal property before sale. GSA will inform a customer of any deficiencies prior to sale. We are not responsible for any problems identified after the sale.
Things To Look For In A Foreclosure Apartment
The opportunity certainly is out there for you to pick up one of these apartment buildings at a reduced rate. The renters market is booming and more and more families are turning to renting a place to live until the economy straightens itself out. It is an excellent time to pick up one of these apartment buildings and to hold onto it for the long term.
Some caution should be taken, however, because it is possible that the former owner allowed the apartment building to go into disrepair, knowing that they were going into foreclosure. By inspecting the property in advance, and making sure of what you’re purchasing, you can easily walk away with something that will benefit you financially for many years to come.
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Foreclosures For Sale In Chicago
There are currently 8106 foreclosures for sale in Chicago at a median listing price of $329K. Some of these homes are “Hot Homes,” meaning they’re likely to sell quickly. Most homes for sale in Chicago stay on the market for 85 days and receive 2 offers. Popular neighborhoods include Lake View, Lincoln Park, Beverly, West Loop, and Hyde Park. This map is refreshed with the newest listings in Chicago every 15 minutes.
