About Real Estate Foreclosures

June 1, 2017 Facebook Twitter LinkedIn Google+ Online Auction

Foreclosures are an opportunity where profits can be made from buying and selling properties that have fallen into non-payment status and are sky high. Unemployment rates are the highest in 5 years. Foreclosures are past historic levels and climbing. The American middle class is tapped out and so indebted that they cannot breathe.

Foreclosures are out of control as is the lending industry in general – can you say 50-year mortgage? You cannot go forward by taking steps backward. They are not the only variable. As prices drop and affordability improves that simply creates churn from bad loads to good loans. Good deals are everywhere, people are jobless or worry that they too may soon become jobless or take homeless money. America has real problems and oh….I forgot… the gays can’t marry and they are so offended that Obama, whom they voted for, has invited Rick Warren to his inauguration. Foreclosures are certainly in the news these days. Just about everyone is either looking for foreclosure listings or a way to avoid foreclosure.

Homeowners who are out of work have little chance of having their mortgages modified. That puts many homeowners on a collision course with banks that are preparing to take a more aggressive stance. Homeowners are becoming desperate for the moratoriums to become enacted while banks continue to talk with the state.

Foreclosures are rising, inflation is rising, oil is rising, gold is rising, lay-offs are rising, jobs are decreasing, the dollar value is decreasing, home values are decreasing and the S&P sees a bottom. We haven’t even seen the damage from the defaults the credit card companies are going to have. Foreclosures are much faster with a Deed of Trust than with a Mortgage. Foreclosures are a total loss. Thousands and thousands of homes vacant and unkept with no one to buy at the balance amount remaining as middle class buyers suffer with unemployment and bad credit.

From The Desk Of Paul B. of Discount Properties of Arizona

http://www.GillRealty.biz – Located just 35 miles south of Boston, Duxbury was founded in 1637. Settled by the Pilgrims Myles Standish and John Alden in 1624, Duxbury boasts more than 14,000 residents. Many historic and beautiful homes from Pilgrim times and the shipbuilding period still exist here. Duxbury Beach, a major, unspoiled natural recreational asset is considered one of the most beautiful and accessible beaches in Massachusetts.

A rare convergence of an historic site coupled with a spectacular hilltop view brings to life a grand and enthusiastic interpretation of the California Arts and Crafts style home, and filled with beauty, grace and style.

Nestled high on a perch overlooking the Miles Standish monument, with it’s inspired West Coast design, offers panoramic views from it’s decks of historic Kingston Bay and Plymouth Harbor.

The private setting, which is professionally landscaped, inspires outdoor entertaining with it’s covered patio and balconies overlooking the bay. The beautiful gardens, kept lush and green all summer thanks to an irrigation system, feature stone walls and walkways, as well as extensive perennial beds.

Unique hand made columns support a dramatic entry that could, at first glance, be seen as an early Japanese temple. The entry columns relate to interior columns beyond, and eventually draw your eye to the views of the bay.

Natural, oiled cedar and mahogany, hand-laid Pennsylvania stone and massive sculpted beams of Douglas Fir make up virtually all of the exterior surfaces.

The details in this home are amazing… paneled wainscoting, mantels, leaded glass, lamps, staircases, hand crafted furniture and wall sconces which were designed and built specifically for this home. At extensive pallet of woods were used throughout the interior, which include oak, mahogany, cherry, maple, spruce, pine, Peruvian walnut, ebony and purple heart. In the Arts and Crafts tradition, stone and copper are also brought into the home as accents and structure.

The house was designed to accentuate the attributes of the site itself, and all of the spaces are oriented towards the expansive window walls framing water views.

The large wrap around deck in the rear leads to a spacious living area surrounded by full floor to ceiling windows that enhance the panoramic views.

This incredible home offers over 8600 square feet of living on 3 floors with four bedrooms and 6 1/2 bathrooms. An additional 3 car carriage house comes heated.

Highlighted by dramatic and spacious living areas that are thoughtfully designed with entertainment and elegance in mind.

The gourmet kitchen/ morning room/ dining room complex features a walk in pantry and boasts custom cabinetry from Kitchen Concepts and gorgeous granite countertops.

The mahogany-encased copper elliptical arch over the fireplace mantel was hand crafted by the builders.

All of the living and entertainment areas have been created to flow into one another, but still offering a comfortable atmosphere.

A four level elevator makes access to the rooftop deck effortless in order to enjoy a glass of wine from the lower level wine cellar.

The attention to every detail is evident in this cherry paneled library with it’s exotic inlays and intricate woodwork.

Don’t you see yourself relaxing on this roofdeck at the end of a long day. It’s easy via the four level elevator.

The lower level sports a complete wine cellar as well as a sauna, a home theatre, an endless pool, a full bathroom, guest bedroom and a game room.

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