All Forum Posts by: Raji Kaur

@Emily M. - i did my first flip there 3 years ago. I don't know lately

Anyone from the Chicagoland area - do you have experience buying in either Markham or Hillsdale? The last 2 properties I bought were in Dolton and University Park and being from Michigan, for buying a property, the experience of dealing with the village was very new to me. So this time before I make a purchase I def want to find out how its been for others.  Are they very strict on their inspection? Do they seem to just want to make money and not give a crap? Are they easy to deal with? Any feedback would be appreciated.

Thanks in advance

@Bob R. Yeah that can be annoying but basically the bank wants more money. And its possible that the winning bidder was auction.com. They even disclose on the website that to meet the reserve that auction.com will, on behalf of the seller, bid on some properties to drive up the price. And even then bank can reject the offer. I recently had another house I was the final bidder on and I was real excited because it was a great deal. But after submitting all the paperwork and sending the EMD, the bank rejected it and now its back on auction. So its not that this process doesnt work it just doesnt always work in our favor. But you have to know what you're getting into and set expectations based on that. It can work, that I know. Good luck. :-)

@Bob R. Not in my experience. Im sure others may

Have had issues. But I played it safe for the most part. I bid on properties that were on MLS so I could see the history of it somewhat. I only dealt with vacant properties so there was no complications with removing tenants. And both of the deals I was involved with are cash deals. Title was clear. I even got tax credit which wasnt guaranteed. Knock on wood, so far I havent had issues with them.

@Jay Whitfield hey. Yes I've bought from auction.com. The first time went smooth, no issues or surprises. I went with a Vacant property that was on the MLS before and it was a cash deal. I just purchased my second one and waiting for closing in a week or so. Do you have specific questions? Have you had experience with it? I would be happy to help in any way.

I bought this home on auction.com

A few weeks ago I posted my experience with auction.com in detail

The property required a lot more work than anticipated but I worked with a great contractor and listed the house with @George Foster   and in 2 weeks signed the deal today. We havent closed yet but I feel good about my first flip :-)

Woohoo. Thanks guys. And as always @George Foster  thanks. Lets do it again :-)

@Arthur Banks Sounds good. We'll try to work it out this weekend

I agree. I've only been to one meetup but the fact that it was casual and nothing formal was part of the draw. Just my two cents.