The aim of the study is to explain if the foreclosure effect on prices is explained by a lower quality of foreclosed … estimate the impact of foreclosure on home prices in Florida and Indiana from 2000 to 2008. We employ a model of housing demand …-specific quality explains the vast majority of the foreclosure effects on house prices. Our results also show that foreclosed homes in …

Assessment of lender and third-party bidder acquired properties at foreclosure auction is provided. Properties acquired … at foreclosure auction by third-party bidders transact at a discount to lender dispositions of real estate owned (REO … foreclosure auction, REO sales, non-distressed property sales and the subsequent sales of third-party bidder acquired properties …