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Updated over 9 years ago on . Most recent reply

User Stats

25
Posts
9
Votes
Mosun Mah
  • Investor
  • Los Angeles, CA
9
Votes |
25
Posts

PROPERTY AUCTIONS! How to prepare?!

Mosun Mah
  • Investor
  • Los Angeles, CA
Posted

Hi BPers,

I'm planning on attending a property auction in Southern California.  I have the list of properties on auction and have found some that I'd like to bid on.  What else can I do to prepare for the auction?  I don't have deep pockets and I'll be going up against pros with deep pockets.  How can I better my odds?

Thanks in Advance!

Mosun

Most Popular Reply

User Stats

148
Posts
34
Votes
Mitchell L.
  • Residential Real Estate Broker
  • Dania, FL
34
Votes |
148
Posts
Mitchell L.
  • Residential Real Estate Broker
  • Dania, FL
Replied

Run a lien search and title search for each. If you can figure out if there are any outstanding liens, violations, etc, you can come up with your MAO for each... Good Luck

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