Sheriff Sales - Any inside help?

[Steven Cowles]

So I have bought several properties from my local sheriff sale. Pretty straight forward process. Get the list of houses, inspect the outside of the homes, check title, try to buy it low enough that you can make money.

So anyone who buys homes this way knows that the banks attorney always starts the bid. You don’t know what that starting bid is going to be until the day of the sale. I have been attending these for years and have found that some of my competitors (other investors) have inside information on what the bids are going to start out at. I’m trying to figure out where they are getting this information from so I can hopefully obtain the same information.

Knowing this information would be a huge time saver! help!