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Updated about 16 years ago on . Most recent reply

User Stats

19
Posts
2
Votes
Dutch Smythe
  • Investor
  • Lake Worth, FL
2
Votes |
19
Posts

TV US Autcions? Scam or third party?

Dutch Smythe
  • Investor
  • Lake Worth, FL
Posted

Greetings:

Ok, noticed an "infomercial" USActions ro something to that effect. Basically- go and bid on foreclosed properties. They take a 5% buyers premium.

The old fashion way, where we live ( a metro area in FL) is get the foreclosure list 2 bucks- go to courthouse on scheduled days and bid.

May guess is there is no advantage to buying through this service.

Is anyone familar with this "advertisement and or process?

I'm buying an investment property, but the spouse has suddenly become interested. I told her this was a third party money grabber and that I'm not giving 5% to anyone for leg work I'm able and willing to do.

Am I missing something here?

Thanks

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