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Updated about 6 years ago,

User Stats

15
Posts
3
Votes
Danielle Z.
3
Votes |
15
Posts

Anywhere to find info about auction sale price of foreclosure?

Danielle Z.
Posted

Hello, I'm pretty new to REI. The only "investing" I've ever done was to rent my condo out which pays for itself and part of my mortgage (so you understand my level). I've been searching foreclosure sights and saw what looked like a really well maintained property with new roof. It's out of state for me but happens to be in the state where my mom is a realtor and is actually in her town. I'm curious about what the bids are likely to go up to. They have it at a starting price of 100K. I'm sure it will sell for more at auction, but it will likely sell for even more at market, and my mom being a realtor she could probably manage any rehab and sell it. I'm unsure of what kind of competition is in this area. Is there any place online I can look up the starting bids and then what foreclosed houses actually went for. Obviously Zillow has sold prices but I can't tell how if it was a foreclosure after it already sold. It would also be great to know how many bids there were and the start price. Any suggestions?

Thanks,

Danielle