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Updated about 9 years ago on . Most recent reply

Vivian Hernandez's profile image
Vivian Hernandez's profile image
Vivian Hernandez
  • from Bridgeport, Connecticut
  • Member since Nov 3, 2015
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Vivian Hernandez's profile image
Vivian Hernandez's profile image
Vivian Hernandez
  • from Bridgeport, Connecticut
  • Member since Nov 3, 2015
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Vivian Hernandez
  • Bridgeport, CT
1
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Foreclosures

Auctions

Vivian Hernandez
  • Bridgeport, CT
Posted

Any advice or warnings about Auctions?

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Marcello Di Gerlando's profile image
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Marcello Di Gerlando
  • Investor
  • from Colorado Springs, Colorado
  • Member since Sep 14, 2011
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Marcello Di Gerlando's profile image
Marcello Di Gerlando's profile image
Marcello Di Gerlando
  • Investor
  • from Colorado Springs, Colorado
  • Member since Sep 14, 2011
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Marcello Di Gerlando
  • Investor
  • Colorado Springs, CO
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Marcello Di Gerlando
  • Investor
  • Colorado Springs, CO
Replied

What type of auction? sheriff sale, trustee sale, court house steps, bank, Hubzu etc? there are very real differences between a Trustee type auction and Hubzu type auction.

Do your due diligence and know what lien your buying. The two biggest mistakes are :

1) Buying a junior lien

2) Over bidding

Good luck

  • Marcello Di Gerlando
    • 2 Votes
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