Thursday, March 4, 2010

Your RealtyTrac March Newsletter: Courthouse Auction Gold.

RealtyTrac (logo) Monthly Newsletter
March 2010  
Top Story of the Month
Courthouse Auctions: Mining Foreclosure Gold
Courthouse Auctions:
Mining Foreclosure Gold
Every week, tens of millions of dollars worth of foreclosed real estate is sold nationwide at sheriff's sales and trustee's sales, and savvy investors are finding a few golden bargains mixed in with many lumps of coal at these public foreclosure auctions. Investor Gregory Metcalf in Orange County, Calif., said sometimes he'll scoop up five or six properties in a day.
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Network with Other Foreclosure Buyers Online
Old school foreclosure buyers found properties in newspaper postings and networked with each other at nighttime investor club gatherings. Now, foreclosure buyers can locate properties on the Internet with RealtyTrac and network with online social media portals like the recently launched RealtyTrac Community and RealtyJoin.
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