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Updated over 3 years ago on .

User Stats

108
Posts
27
Votes
Edward R.
  • Real Estate Investor
  • La Fayette, NY
27
Votes |
108
Posts

Buying another foreclosure sale home hopefully not to high

Edward R.
  • Real Estate Investor
  • La Fayette, NY
Posted

Well Foreclosure sales are finally picking up and one I've been following for a year+ is going to the courthouse soon  $128K is the debt amount I'm hoping the upset will be around $115 anyone have thoughts?  If nobody else bids due to be high then it'll go to Auction.com or something. Then might actually get a higher bid than the courthouse sale.  I see it potential, know about the property and have the numbers worked up so at the right price it'll be good.  THis area is VERY HOT even before Covid and it's a larger lot.  

Also the last house I sold in 2020,  Many my CPA is awesome because I thought the taxes would be much higher and they weren't. worth every penny to have a CPA.