Foreclosure home auction can help you in getting a big house at a low cost and can also help you make a lot of money of them. These houses will not be the brand new ones, these are the houses which have been bought by people earlier but could not keep with them due to financial difficulties. These houses are then sold in the open market, so that the financial institution that is foreclosing them can get their money that they invested in the property initially.
Daily Archives: August 14, 2009
Last week the media reported that a NYC skyscraper sold for about $600 million, and according to Real Capital Analytics the prior purchase price was $1.74 billion. The property has 1.8 million gross square feet, 1.6 million rentable square feet, and is 50% vacant.