Going in to unchartered waters

[Lucky B.]

Guys, how many of you buy directly from the Courthouse, these days it is online, not on the steps . lol

Nobody can find good deals on Hubzi, Hudson, Xome etc.  So i think when a foreclosure is happening i just have to put myself first in the line and bid against the bank for their own property via the court house process. I am thinking i will have less competition because no a lot of people has knowledge and courage to do so. They are afraid of liens and clouds to the title etc, but most importantly marketable title .

I want to know if you have bought through the court house in FL, and when you obtained a Certificate of Title as being the high winner, were you able to sell it with a General warranty or Special warranty title ?

What websites did you find useful in conducting your own title search ? Do second mortgages and HOA lien survive ?

I have done my own title search with it comes to buying bank reo, there is not much risk, but i need to learn the ropes like the wholesalers because that is their secret and they have the big pockets.

thanks in advance