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Updated over 8 years ago, 04/10/2016
Foreclosure offers/big investors
How common is it for Birmingham foreclosures to go for more than 10% above asking and to out of state investors?
Are these cash buyers? Flip or buy/hold?
And if they're paying too much for the property then that's their issue.
What part of Birmingham are you looking in?
totally depends on the venue and stage the foreclosure is sold. If it's REO, there aren't many great deals. If it's courthouse steps, they are there but require serious work to find. The auction sites are usually impossible to get a deal on.
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BiggerPockets
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Nicholas Armstrong Roebuck, Pinson, Centerpoint...but I'm looking for good deals on buy and hold under $120K after repairs. I'm just getting started in Birmingham.