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Updated over 8 years ago on . Most recent reply

User Stats

54
Posts
18
Votes
Riley Gilson
  • Hilliard, OH
18
Votes |
54
Posts

Any success with local Sheriff Sales?

Riley Gilson
  • Hilliard, OH
Posted

I'm completely new to investing and simply looking for some general feedback. I don't necessarily plan to start here.

Found that the Sheriff sale in my area has quite a few listings on it, many of which aren't anything note worthy. However, there are a few that could be great deals assuming the bidding doesn't get to high. The bidding is already set at about 60% of value on most to start.

Has anyone here on BP had success with attending these in person or online? (I know some are done electronically) I feel like the bidding could quickly negate a lot of the benefits when combined with the inherit risks of real estate lending.

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