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All Forum Posts by: Eian Siddiqui

Eian Siddiqui has started 3 posts and replied 4 times.

Hello,

I am trying to find and use california legal wholesaling contracts but general advice is to run it by a lawyer. 

I was wondering any local california wholesalers in biggerpockets can forward me the "Assignment of Contract" and "Purchase and Sales Agreement" that they use in a regular basis. 

Any other relevant documents I also need to help me in this field would be greatly appreciated.

Thank you

Hello, I am starting out as a wholesaler. 

I want to ask anyone that has a beat at the current trends for flipping houses at Southern California.

Are there zip codes that are gold mines? Is San Bernadino County still profitable? 

What is the best places I should focus on my marketing? Or is a deal a deal no matter where it is

PS. If anyone can point or explain how I can research market trends on houses being sold in an area so I can always be 

on the know and develop a competent understanding of my local market. 

Thank you

Post: Where does the excess money go after an auction?

Eian SiddiquiPosted
  • Bellflower, CA
  • Posts 4
  • Votes 0

I was just curious of the process.

Thank you all for posting and helping me better understand the post auction process. 

Post: Where does the excess money go after an auction?

Eian SiddiquiPosted
  • Bellflower, CA
  • Posts 4
  • Votes 0

Hello, I am a starting my journey in real estate and learning whatever I can about the business. 

I went to a couple of auctions around my neighborhood and was curious about one thing. 

Where does the excess money go after an auction? I asked the people working at the auction site and they said it goes to the family that previously lived in the home. I asked a couple of investors as to how does the money get delivered to the family or previous owner(s), they said a lawyer tries to call them.

So my real question is how to find this lawyer or the person responsible to give the money to the previous owner.

Any answers to the topic is greatly appreciated, thank you.