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Updated almost 9 years ago on . Most recent reply
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Direct mail to owners of properties listed on auction. Com
In my area all the courthouse steps auctions are listed on Auction.com. Having attended a couple of the auctions I see that almost none come up for actual live auction. Has anyone tried contacting the owners of these properties before the auction date to offer them a fast cash sale?
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Account Closed
#1 BiggerPockets Exclusive PRO Area Contributor
- Professional Auctioneer
- Baltimore, MD
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Often times, the seller will stop the auction by pay up the back payments or filing bankruptcy.
- Sure, find the owner of the property and try to negotiate a deal.
- Be aware of any foreclosures laws in your area, you may want to be arms length , that is get and agent to represent you.
- What you are suggesting is Pro-Active, get out there find the problem and solve it.
- When you do you will make money in this business