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All Forum Posts by: Austin Lemma

Austin Lemma has started 1 posts and replied 2 times.

Post: What happens if a bank doesn’t accept my offer on Hubzu?

Austin LemmaPosted
  • Contractor
  • New Jersey
  • Posts 2
  • Votes 0

I was the highest bidder and only bidder on a property on Hubzu. 

I have a feeling that they are going to ask us to meet a reserve price, but I don't know how much sense it will make to increase my offer. The property is a REO Occupied home that we could not inspect prior to bidding and only had one photo of a really bad exterior. Even google doesn't have a street view of the house, so I need to be conservative here.


Do I have any leverage in this situation? What can happen if I decide not to meet their reserve if they ask us to increase our offer?

Post: >>>> PROFILE PICS PLEASE! <<<<

Austin LemmaPosted
  • Contractor
  • New Jersey
  • Posts 2
  • Votes 0
Hi Karen, New user here and something I think would be helpful (and hopefully these posts are monitored, so my recommendation is seen) is having the mobile app allow you to add a photo to your profile. I would assume, like most things today, mobile is a common platform, when it comes to accessing BP. I'm pretty tech savvy, so I will certainly heed your advice and add a picture shortly!