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Updated over 6 years ago on . Most recent reply
Hubzu for foreclosure properties?
Does anyone have any experience using the website hubzu for buying REO properties? I found it on one of the list bigger pockets provides for free listings of REOs. It seems like a reputable website, really easy to use and the design of it looks great. From all the other websites on the list this one is by far the best in my opinion and provides a lot of information. Just curious if someone can confirm this for me or maybe it's too good to be true. I'll post the link below.
Cheers!
Most Popular Reply
@John Boychuk, The is no post-bid inspection contingency. You win the auction you own the property. If you back out you lose your earnest money. Hubzu is a very reputable auction platform run by Ocwen, an Orlando-based clearing house for all government-backed mortgages that have been foreclosed upon, i.e FHA, VA, etc.