With interest rates at historic lows now may be the perfect time for potential homebuyers to purchase a foreclosed home.
(PRWEB) July 29, 2012
PoliceAuctions.com is known for their listing of police auctions and government auctions. But, the website also features a listing of foreclosed properties. Currently PoliceAcutions.com has over 2 million foreclosure properties listed on their website. Recent data about the foreclosure crisis suggests this number will increase.
Businessweek is now reporting that the number of foreclosure filings rose in almost 60 percent of large cities in the United States. In cities with populations of at least 200,000 people more than 1 million homes received notices of default. According to Businessweek, the highest foreclosure rates are in three California cities Stockton, Modesto, and Riverside.
With interest rates at historic lows now may be the perfect time for potential homebuyers to purchase a foreclosed home. PoliceAuctions.com offers a comprehensive searchable listing of foreclosed properties through out the country to assist potential homebuyers. Currently the foreclosure listing on PoliceAuctions.com has over 2 million foreclosure properties for their customers to search through.
PoliceAuctions.com offers many services to their members including a searchable listing of police auctions and government auctions. PoliceAuctions.com is known for their one-dollar no reserve auctions. These fast paced auctions offer their users the chance to bid on, and win, items for as little as one dollar. By combining a product selection ranging from name brand jewelry auctions, watch auctions, collectible coin auctions, and sports memorabilia auctions with industry leading customer service, PoliceAuctions.com has earned the loyalty of over 5 million devoted users.
PoliceAuctions.com has made it even easier for customers and fans to connected with them via social media like their Facebook fan page. This exciting and newly launched space informs customers of up coming auction items.