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8 March 2024 | 4 replies
In a bid to get people into these homes and paying property taxes, the state of Arizona rolled out a plan for active duty members that paid 22% down on any house in the state that had previously been lived in.
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8 March 2024 | 4 replies
I am interested in bidding on it and as a part of my research I have seen a lot on what process it would take to get the previous owner out of the house.
8 March 2024 | 11 replies
Remember, everyone else’ is either not bidding or bidding less because of this situation, this is a plus to you, not a negative.
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8 March 2024 | 19 replies
I work with the same people enough on multiple projects that I can complete a project much cheaper than the GC bids I receive.
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7 March 2024 | 9 replies
I was able to win the bid on the first one with 28 people bidding in 2022 and used Hard money.
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8 March 2024 | 121 replies
I say every market has to be analyzed mostly the DOM because that would reflect the supply and demand.We're in extremely weird situation where home price keeps getting bid while rate is high, unemployment is high and rate is high.Some software analytic company has this metrics called sold/listing ratio which also measures the demand, currently we're in match between buyer and seller.But what you suggested also happened in Q1 2022 where massive supply increases when rate is going to all time low.
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6 March 2024 | 10 replies
My original foundation repair bid was $13K but after a few issues it ended up being closer to $17K.
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6 March 2024 | 2 replies
Hello Bill, They might be harder to bite into outside of an over bid neighborhood.
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7 March 2024 | 5 replies
I am based in Atlanta, GA and we are back to bidding wars!
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6 March 2024 | 25 replies
I agree with @Chris Seveney: You won't know until the opening of the auction if the sale got postponed, canceled, bankruptcy, loan modification, loan paid off or a number of other things have happened.If the "auctioneer", we use the term "Trustee", learns of a bankruptcy filing after the auction happens and if the bankruptcy is determined to be valid by the judge, then the "winning bid" gets their money back and it's as though the auction never happened.However, if the bankruptcy was not valid, the Trustee will determine if the winning bid proceeds or if they redo the auction. in my court house buying days occasionally ( this was oregon and Washington Vancouver market of WA.) the trustee would either record the trustee's deed or send it to us and I would run it over and record it..