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Updated almost 9 years ago on . Most recent reply

Agi Anderson's profile image
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Agi Anderson
  • from Melbourne, Florida
  • Member since Jan 5, 2016
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Agi Anderson's profile image
Agi Anderson's profile image
Agi Anderson
  • from Melbourne, Florida
  • Member since Jan 5, 2016
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Agi Anderson
  • Melbourne, FL
8
Votes |
39
Posts
Buying & Selling Real Estate

Who's Investing in Indiana?

Agi Anderson
  • Melbourne, FL
Posted

I just saw this on Hubzu. Seems like a steal of a deal, but then I am not from Indiana.

Taking Bids starting at $18k

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Adrien C.'s profile image
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Adrien C.
  • Property Manager
  • from Griffith, IN
  • Member since Jun 22, 2015
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Adrien C.'s profile image
Adrien C.'s profile image
Adrien C.
  • Property Manager
  • from Griffith, IN
  • Member since Jun 22, 2015
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Adrien C.
  • Property Manager
  • Griffith, IN
913
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Adrien C.
  • Property Manager
  • Griffith, IN
Replied

what seems like a steal of a deal is deceiving because it has a reserve- aka minimum bid to win. What is likely the case most times is that the reserve exceeds the amount a typical investor would pay. 

  • Adrien C.
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