Does this mean that they have already been bid upon?

Just finished the "Bidding to Buy" book and would love to connect with somebody experienced in auction foreclosures.

After much, MUCH MUCH research within a 24 hour span.. we decided to NOT pay the winning bid at the county and be out our initial deposit.

We launched some paid advertising, however the results were bad.About 6 weeks ago I started doing deeper research on his particular business model and I began putting the pieces together to help generate some leads and get him and my sister back to making money again.Fast forward to just over a week ago since I completed his setup, and so far he’s had 5 appointments to view job sites so he may submit bids, and he’s locked up 2 contracts worth $15,500 and $31,500 totaling $46,000 in new business.This case study serves to support any REI professionals seeking inbound leads including…

Contractors of all types (Roof, Foundation, Electrician, Plumbing, Painting, Etc...)


@Nimit A. how many bids has your PMC sent you?

Sometimes it’s the hard money lender sometimes it could be someone elsePlease also note most hard money lenders also can seek a deficiency judgment which is the balance owed on the loan after it is sold at saleIf you are a borrower you can also work out a deed in lieu which is when you give it to them without going through this processWe recently received $200M in these types of defaulted loans to bid on, so we are starting to see and uptick in defaults.Memphis area had over 50 on the list.

Welcome to bidding in North Carolina, dropping this thread in here too.https://www.biggerpockets.com/forums/921/topics/1162715-due-...I vented my case, and it's pure ******** for this market.

People are not bidding up prices like they used to. 

As far as privacy you could list the property on MLS as a one time showing with a highest and best bid price, but no matter what you are going to come across people who say cash, but attempt to come to the table with a conventional, FHA or DSCR loan (personal experience). 

Also if they or a relative has funding they can also show up to the public auction and place bids.