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Updated over 4 years ago, 06/21/2020
High Bidder on Hubzu!
Our first "real" deal, and our market is so hot right now it's hard to get in on anything. so we checked out a Hubzu auction, walked the property, and put in a bid. And we're the high bidders!
now we wait to see if they accept our bid, which I put as contingent on financing and inspection.
Then we double check the earnest money agreement, as i have had agents warn me that they try to pull something where earnest money is not refundable.
Then we get an acceptable PSA signed.
Then I can get the foundation and septic guys out for inspections.
lol, there's a lot of steps involved in these online auctions. not like the live auctions we've seen.
anyone who has any words of wisdom for me, as i start down the Hubzu twisted trail?