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Updated about 12 years ago on . Most recent reply

Gil Lieblich's profile image
Gil Lieblich's profile image
Gil Lieblich
  • Real Estate Investor
  • from North Brunswick, New Jersey
  • Member since Aug 22, 2012
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User Stats

85
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8
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Gil Lieblich's profile image
Gil Lieblich's profile image
Gil Lieblich
  • Real Estate Investor
  • from North Brunswick, New Jersey
  • Member since Aug 22, 2012
Connect
Gil Lieblich
  • Real Estate Investor
  • North Brunswick, NJ
8
Votes |
85
Posts
Foreclosures

Assignment of Bid ; thoughts

Gil Lieblich
  • Real Estate Investor
  • North Brunswick, NJ
Posted

I am about to close on a property using the assignment of bid. After going to some foreclosure auctions I tracked down some one who seemed to be involved heavily with these auctions on both sides. Is there anything I should be wary of when doing an assignment of bid? How much premium is considered normal over the original bid if the winning bid was 73000?
Who pays for late taxes and other fees?

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