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Updated about 5 years ago,

User Stats

13
Posts
9
Votes
Kyle Steinmetz
9
Votes |
13
Posts

Hubzu - I’m confused how this works.

Kyle Steinmetz
Posted

I went to an open house today that was down the road from a foreclosure property that I wanted to get a street view of. I asked the realtor at the open house if she would be interested in showing me the foreclosure down the road after her open house.... She met me down there and informed me the house was listed on hubzu which I have no experience with. Some questions I have:

-Did I need a realtor to look at this place as it looks to me like I need to submit my own offer online.

-The listing has a 5% buyers premium but doesn’t say anything about a realtor commission.

-The listing also requires a 3% earnest money which seems high to me.

Does anyone have any experience with Hubzu that can explain how this works or what I need to watch out for.

Thanks for any info

Kyle

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