Weekly Real Estate Auction List
New Hampshire Auction Information
The Registry Review Auction listings let you cut through the hype about foreclosure auctions.
If you’re like most people, you’ve probably heard that you can get real bargains at foreclosure auctions. It really is possible to find some great deals, but if you’ve tried to buy property at auction, you know that it isn’t easy. It’s hard to get information. Sales are postponed or canceled. You have to work to find out the title status. You may not even be able to get in to see the property until the day of the sale, if then! And that’s only the beginning!
One of the most difficult problems is finding out what’s coming up for sale. At any given time, over 200 properties are scheduled to be auctioned in New Hampshire. Less than 20% of these are advertised except in fine print legal notices. Unless you’re willing to spend hours each week reading legal descriptions, you can’t possibly find more than a small percentage of the properties to be auctioned.
The New Hampshire Auction List solves this problem and gives you a simple, practical way to get started looking for real estate at foreclosure auctions! An updated list is published on Thursday each week. All scheduled New Hampshire auctions are listed by county and town. The list includes property type, location, sale time, terms, owner, lienholder, legal references, contacts for more information about the sale and suggestions for use. With the weekly NH Auction List, you can easily find all scheduled auctions in any area you want.
The weekly NH Auction List is intended to give you a simple and convenient “first source” for leads to upcoming foreclosure auctions. A great deal of additional work and investigation is necessary. Nothing in the weekly NH Auction List can assure you of successfully buying a property at auction. The list is not a substitute for the services of real estate professionals.
How the Auction List is Organized in the Registry Review
The list is sorted by County, by Town and by date/time within each town. To find the foreclosures in your area, first determine the county where your towns of interest are located. Then look in that county’s listings for any foreclosures scheduled in that town. All the foreclosures scheduled in any town are listed starting from the earliest scheduled sale dates and times. If the town in which you are interested is not listed, we did not find any scheduled foreclosures in that town.
How to look to for Auctions
There are many ways to screen the listings for the ones that might interest you and be worth further investigation. One of the most common is to check the Registry Review listings against a street map or Gazetteer for the county or towns in which you are interested. Once you have established that a listed auction is in the area you want, check with the contacts for more detailed information.
The weekly Auction listings include the following information (subject to availability) for each auction:
This section includes the county where the property is located and the date and time as listed in the notice that the sale is to be held.
Descriptions and Address Index
Most of the property descriptions are taken from the legal notices. The property descriptions in these legal notices were usually taken from the mortgage or the deed description. These descriptions are often the best that is available from the notices but they frequently are incomplete or inaccurate. Wherever possible, we add descriptions from available advertisements. These descriptions can only be considered as a starting point. Call the listed sources for more detailed and accurate information about the property. Property descriptions in this section include the following information and codes: Town, property type (L/B = Land and building, Cond = Condo, Other = Mobile Home, N/A = Not available), street or unit #, street or unit name as shown in the notice. U = Unit I# = Interval #.
The advertised terms of the auction include the required amount of the down payment and the number of days allowed for the conclusion of the transaction. Terms listed in this section include the following: 10/21 = $10,000 At sale, balance in 21 days. 10.5/21 = $10,500 at Sale, Balance in 21 days. 10%/21 = 10% at sale, balance in 21 days. */21 = Various or unknown amounts due at sale, balance in 21 days.
Owner > Lienholder
This section lists the owner of the property that is scheduled for foreclosure and the holder of the mortgage who is doing the foreclosing. No additional information is usually available about the owner. An index code is often included in parenthesis after the lienholder’s name. This means that more information about the lienholder, (usually name, address and telephone number) is included in the index at the end of the list. Experience suggests that lienholders generally consider themselves to be the contact of last resort. Lenders usually prefer that you contact the auctioneer or the attorney. If there is no number after a lienholder’s name, the lienholder’s address or telephone number were not listed in the legal notice. In most cases, these are private persons or other non-bank organizations.
Mortgage Date & Volume/Page
The date of the defaulted mortgage is included so you know when the mortgage was recorded. The registry reference is included so you can easily find the original mortgage in the registry (see listing of registries). Most of the mortgages show the original amount of the mortgage (and may contain the terms and interest rate). Note that in many cases, the name on the mortgage may not be the same as the foreclosing lienholder shown on the NH Auction List. The mortgage may have been “sold” or transferred or a bank may have been merged or renamed. Considerably more Registry investigation is necessary before you can draw any conclusions. Professionals can help you.
This is the name of the newspaper and the date of the issue from which the NH Auction List was last updated. These newspapers can usually provide you with a copy of their paper for that date which contains the last published legal notice. An index to all referenced newspapers is included each week.
Auctioneer # / Attorney #
Each listing contains one or two 5 digit codes that refer to the contact index at the end of the auction listings. The contact list is sorted by these numbers so you can find the name of the auctioneer or attorney. Almost all listings have an attorney or other contact listed. If there is no index number in the auctioneer column, we did not find any public evidence that an auctioneer is handling that sale. In general, if an auctioneer is handling the sale, that auctioneer is the preferred contact. If no auctioneer is involved, the attorney is usually the preferred contact. The legal notice or an advertisement for an auction may contain specific contact instructions which differ from this general rule, so you might be referred to an alternative source.
We urge subscribers to any of the listed contacts that you read about the auction in the Registry Review New Hampshire Auction List.
Where to go for additional help
Call the listed contacts to get enough information to decide if you want to pursue the property. If you are still interested, many qualified professionals can represent your interests and help you with your further investigation. Title, financing and inspection specialists can help you with these important aspects of any real estate transaction. You may wish to contact your real estate broker to see if he or she will coordinate your investigation and/or represent you at the sale.