Who Else Wants To Buy Real Estate At 90% Off Market Value?Every month thousands of properties become repossessed by banks, state, federal and private organizations through various seizure and bankruptcy laws. Those properties could be purchased through auctions at a fraction of their actual market value.
(PRWEB) June 20, 2005 -- Because of the constant influx of new seized properties and the enormous amount of money and time required to maintain and market them, the banks attempt to recover at least some of the money by conducting public seized property auctions.
A seized property is a home that has been repossessed by the lender because the owners failed to pay the mortgage - this is called foreclosure. Hundreds of thousands of homes end up in foreclosure every year. Economic conditions affect the number of foreclosures, too. Due to a variety of circumstances, hundreds of people or businesses default on their mortgages every day, and as a result have their properties seized by banks or other private and government institutions.
The new online service launched by National Real Estate Auction Association. They are proud to present their members with a phenomenal opportunity seized real estate market provides in today's economy. Most comprehensive seized property database on the Net includes over 250,000 seized properties listings nationwide.
Members will be able to access fresh listings nationwide and have an exclusive ability to buy directly from the banks and other institutions, for up to 90% off the actual market value of any property. Zero-down seized properties are available in every state and many new properties are added to the listings on a daily basis.
It is possible to resell the properties and make profit. Many people have been doing this for a long time now, building their wealth and net worth in the process, buying and selling seized properties. More and more properties become repossessed every month thus providing a constant variety and a growth factor to this market sector.
Remember, real estate is the number one "millionaire-maker" in the United States - and seized properties sector is the number one profit-generator within the real estate market.
For more information visit: http://www.bigprism.com/seized-real-estate/
Contact: National Real Estate Auction Association 8345 NW 66th St #7934 Miami, FL 33166-2626 http://www.bigprism.com/seized-real-estate/
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