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  2. Bid4Assets - Wikipedia

    en.wikipedia.org/wiki/Bid4Assets

    Bid4Assets, established in 1999, was the first online real estate auction website to operate in the United States. [1] [2] The company auctions distressed real estate and personal property for private investors and federal and local government. [3] It has served the United States Marshals, [4] the U.S. Department of Treasury and over 100 ...

  3. Concierge Auctions - Wikipedia

    en.wikipedia.org/wiki/Concierge_Auctions

    Concierge Auctions is a residential real estate company based in New York and Texas. It auctions properties to the highest bidder. [2] In November 2021, Concierge Auctions was acquired by Sotheby’s and Realogy Holdings Corp. [3] The company rebranded to Sotheby’s Concierge Auctions. [4] It holds the world record for the most expensive home ...

  4. No-reserve auction - Wikipedia

    en.wikipedia.org/wiki/No-reserve_auction

    A no-reserve auction (NR), also known as an absolute auction, is an auction in which the item for sale will be sold regardless of price. [1] [2] From the seller's perspective, advertising an auction as having no reserve price can be desirable (but risky) because it potentially attracts a greater number of bidders due to the possibility of a ...

  5. Real estate owned - Wikipedia

    en.wikipedia.org/wiki/Real_estate_owned

    Real estate owned. Real estate owned, or REO, is a term used in the United States to describe a class of property owned by a lender —typically a bank, government agency, or government loan insurer—after an unsuccessful sale at a foreclosure auction. [1] A foreclosing beneficiary will typically set the opening bid at such an auction for at ...

  6. Court auction - Wikipedia

    en.wikipedia.org/wiki/Court_auction

    Court auction is an auction which takes place at a public location designated by the court. If a property owner fails to pay the mortgage, the mortgage holder can foreclose on that property. If the owner is unable to make sufficient payments, the property can be sold at auction. The time and place of the auction is published in official records ...

  7. These states have some of the poorest Americans – and the ...

    www.aol.com/states-poorest-americans-highest...

    Demographics, competition for homes and strict zoning regulations all play a role in the cost of real estate. According to Federal Reserve data , West Virginia’s average personal income of ...

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