Sellers have been actively accepting offers on properties prior to the Minnesota, Wisconsin and Michigan auction. We have Pre-Sold approximately 20% of the properties in the Minnesota, Wisconsin and Michigan area.

Please refer to our website to verify if your property of interest is “Still Available.”

Thank you,

HUDSON & MARSHALL

America’s Auction Authority
———————————————————

I realize you don’t want to read someone else s spam on a blog but here it is anyway, and that is the news we have been waiting for. As you can see the above auctions have pre-sales for cash customers and people are buying repossessed houses up left and right. At first there was a lot of investors ready to buy some of these and fix them up and rent them out to pay for the expenses and then later when the market balances out, and the prices go back up, sell them for a huge profit. And this is very true. The basic people that were buying houses were the individuals with more money than brains. The gamblers and real estate investors. But now the people that need a house are entering the market. That is where the customers are going to have to come from to get this huge backlog of houses off the market.

I know some people in that ship. The economy seems to be stabilizing somewhat and regular people are buying houses. People that had an apartment and because one of a couple got laid off, they moved in with mom and dad or Uncle Jim and they have had a sufficient amount of that, and want their own place and with financing they grasp they can buy their first house for less than the rent on an apartment. It is true that these people have protected their credit ratings and they have good credit and have like I said have been putting away for a down payment. Well guess what? The ten or 20 percent down payment has been cut in half or more with some sweat equity.

I also understand, because my tie-ins with the real estate industry, I know some people that are the investors I first mentioned. I went with them to look at plenty of houses and check the conditions of the houses. That was late last fall I started doing that. At that time we could take our time and look at lots of houses. We could throw in bids from 25% to 50% less than the banks were asking. Now lately the to get a house we have had to over bid by about 5% to 10% to get the property. Also we have seen a lot of the banks remove the land from the list during our negotiations.

Well so what does that all mean? There is getting to be a dearth of these under priced, repossessed houses. The prices have been steadily rising over the last 9 months. I realize that there are still people in financial trouble and hanging on by  a thread and may yet lose their house. But the real truth is that the supply of these houses is starting to dry up. People in general are not clued into this. They won’t figure it out till it is too late to buy one for investment.

The result is that all the people that have legitimate reasons to sell their house, like job opportunities and divorce along with grandpa dying and retirement may be able to unload their homes pretty soon at a reasonable price.

The reality is that people are becoming convinced that the financial system has stopped getting worse. That is all it is going to take, for people to start spending again. The government laid out almost a trillion Dollars to boost things but that was a smoke screen because very little bit was really sent out. Only where they needed it the most. Something like 10% was sent out. I think the government did all the right things. Rescued some companies that needed to be rescued. Convinced people that they (the government)are doing something. Got lots of publicity about helping people and companies by the complainers. Built a huge smoke screen. It was or is a very complex plan and it is working.

People don’t realize how bad things may perhaps have gotten in the world financial system. There had been a huge recession in the economy every 65 to 70 years since the Roman ages. It materializes after everyone is dead that went through the last one and there is no one left to tutor the lessons. So I guess the next one won’t happen till 2075 or so. How’s That?

Here is a Testimonial from our Testimonials page. All testimonials come here hand written from customers and are very genuine.

Very happy that they were able to fix the problem in our basement of water
leaking through cracks in the wall without having to tear the entire wall
out of our finished basement as other companies suggested we do.G& MB. of Rochester Hills

In the old days we would excavate this wall crack out from the outside and try patching it. Not to mention the fact that we would have to remove part of his patio, digging is a hit or miss type of repair and does not always work. It is easy to miss a tiny portion of a crack outside in the mud. Now we repair these wall cracks from the inside using an injection of foam and install a dry well. This is a much more reliable solution.

These leaky rod holes actually can leak worse than the wall cracks. We have fixed up to 50 of these per basement. On the other hand we have a 2 rod hole minimum. We do it all, big and small.

Basement water problems don’t have to plague you any more. All basement water can be eliminated, whether the water is coming from wall cracks or leaky rod holes or coming up through the floor. There is no doubt that Michigan is a wet state. Soggy cinder blocks, wet carpeting, white powder on concrete blocks can all be fixed with a basement waterproofing system Oakbridge Construction.

We also work on a lot of block basements. Block basements are waterproofed differently than concrete wall basements due to the fact that cinder blocks are hollow and the water usually falls to the bottom of the wall inside the blocks. Block basements require a bit more expertise to get the job done right. Give us a call to stop water on the floor and walls.

Click here to download your copy of AAA Insurance Water Damage Brochure. This is a handy thing to print up and refer to. Click HERE. Also check our Insurance page because there are 2 different types of insurance that cover basement floods. Sump pump insurance and flood insurance. Not to mention FEMA flood zone insurance.