Distressed Luxury Real Estate News

Trenton city Mayor facing foreclosure »

Mayor Tony Mack and his wife, Kara face foreclosure in Trenton city, New Jersey. "The approximate amount of the judgement sought to be satisfied by the sale sum of $319,457.32…

Sep 2 2010 / No Comment / Read More »
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Orange County ‘Housewife’ averted foreclosure »

Alexis Bellino and her husband Jim, the newest cast members of "The Real Housewives of Orange County" narrowly averted foreclosure these days, after they got a last minute loan modification…

Aug 31 2010 / No Comment / Read More »

No Stones Left Unturned

Eureka allows individuals to remain inconspicuous to the media and public a large while we conduct the short sale transaction in privacy. We are empowered with the capital and with the experience to approach the lenders in whose favor the mortgage lies, and make an offer to satisfy the debt in total. The lender will not only benefit from having a ready buyer willing to take the risk of the mortgage, but if hardship is made out and a short sale is agreed to, will be able to free up capital to invest elsewhere. Additionally, the mortgagee is spared the expense of obtaining foreclosure of the property through lengthy court proceedings.

Once we reach agreement with the mortgagee, the property will be extensively marketed. This process not only requires substantial capital to convey the property with the approval of the original lender, but also to finance a promotion campaign that will attract a suitable buyer in a property market that is less than inviting. The conveyances will not indicate the original seller to the transaction and so will avoid publicity.

The property never has to be marketed as a distressed sale, simply because it will not be. Eureka clears the title from delinquent payments and subsequently becomes the seller. Our campaigns involves the most prestigious domestic and international luxury organization, such as DuPont Registry, Luxury Real Estate. In addition, we have access to a network of international buyers, with focused marketing in Monaco, Dubai, Singapore and Panama. No stones will be unturned to find the right buyer for the property.  CLICK HERE  for more details on Why to Work with Us

 

 

 

 

 

 

 

 

 

 

Avoiding Luxury Foreclosures

Fantasia Barrino’s Loan Work Out »

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If you are suffering from foreclosure then you are certainly not alone, the people who are facing foreclosure ranges from bankers, financers to celebrities. Now days, one bad sign of our economy is a recent wave of celebrity foreclosures. The economy has not only affected…

Jul 24 2010 / No Comment / Read More »

Luxury home foreclosure – how to avoid »

There are people taking it as a business to buy foreclosed properties on bulk. But while buying such homes or properties they won’t expect alluring outside views, sophisticated swimming pool and well decorated rooms. Studies reveal that most of homes foreclosed recently costs million dollars.…

Jul 21 2010 / No Comment / Read More »

Saving Your Luxury Property from Foreclosure »

The fact that a homeowner is facing foreclosure may have resulted from a variety of diverse reasons, some of them to do with the circumstance if the homeowner, or others that may be to do with external influences outside of the homeowners control. If for…

Jul 14 2010 / No Comment / Read More »
Luxury Short Sales

Pros and Cons of Short Sales »

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With the changing market environment the world of real estate is also altering every moment. At this time one of the best things to do…

Jul 19 2010 / No Comment / Read More »

Does Short Sale Make Monetary Sense? »

Most of us are still suffering after effects of financial crisis and staying current with mortgage payments is difficult these days. This at times results…

Jul 12 2010 / No Comment / Read More »

What Do We Want? Gradual Change! When Do We Want It? In Due Course! »

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The average property owner will turnover a property once every 8 years. This of course means that many people in the US property market wishing…

Jul 7 2010 / 1 Comment / Read More »
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Nicholas Cage Could Have Been in a Better Situation

Academy Award winner actor Nicolas cage has been the talk of the town lately, not because of his any forthcoming movie but his property’s foreclosures in the recent past. Nicolas cage has acted in several popular…

May 31 2010 / Read More »
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The Famous Case of Ed McMahon

Late Ed McMahon, who died at the age of 86 last year, was a renowned Television actor who featured in ‘The tonight Show’ as Johnny Carson’s sidekick. He also hosted ‘Star search’. The famous actor was…

May 31 2010 / Read More »
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LaToya Jackson’s Las Vegas Condo

The grieving LaToya Jackson has not only had to endure the loss of her dear brother Michael but was put to the indignity of embarrassment as she had to vacate her Las Vegas Condominium late in…

Jul 6 2010 / Read More »
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“Growing up Gotti” Star, Victoria Gotti Foreclosure

One of the foreclosures that did not really surprise people is that of Victoria Gotti. Daughter of John Gotti, mobster that was part of a popular reality show in 2004, seems like she will be losing…

Jun 1 2010 / Read More »
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Scott Storch loses his mansion in foreclosure

Scott Storch had the opportunity to see how is down and how is up. Unfortunately he didn’t manage to solve his financial problems, so he woke up with his Miami home foreclosed on as part of…

Aug 28 2010 / Read More »
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Hudson Blue has now a new owner

The outstanding building on the Hudson River that once had a $25 million asking price has now a new owner: it was picked up by its mortgage holder at a Manhattan foreclosure auction. The foreclosure action…

Aug 14 2010 / Read More »
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Orange County ‘Housewife’ averted foreclosure

Alexis Bellino and her husband Jim, the newest cast members of "The Real Housewives of Orange County" narrowly averted foreclosure these days, after they got a last minute loan modification from their lenders. Alexis and Jim…

Aug 31 2010 / Read More »

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