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Updated about 12 years ago on . Most recent reply

User Stats

54
Posts
9
Votes
John Bowen
  • Real Estate Investor
  • League City, TX
9
Votes |
54
Posts

Trustee's sale wave coming.

John Bowen
  • Real Estate Investor
  • League City, TX
Posted

We made our monthly county trustee's sale today. Pretty quiet. About 150 properties on the list. All got canceled except 26. Of those 1 was purchased. All the rest went back to the lender.
In chatting with some of the other investors and one of the trustee's it seems there will be a big wave of properties showing up in February and March. Seems they have a lot of paper pushed on them all of the sudden from the lenders.
Might be a good time to show up at the court house on the first Tuesday with a stack of cashiers checks.

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