Foreclosures
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 5 years ago,
What do you guys about paying after the foreclosure?
In one county I want to bid in, it says a 5 percent deposit is due after bidding and the full amount is due later that day. Do you guys just have a certified check ready for 5 percent of your maximum bid? I'm assuming they wouldn't have an issue with you paying more than 5 percent. Then you would leave to get the rest of the funds and come back.