I find a home I want to bid on then what’s next?

Max rent could be $1325.House was briefly listed in January, but pulled after they received a foundation bid stating entire house is off, max of 5 inches and would require 26 total piers costing $8500, not including fixing the cracks and probably plumbing that would more than likely break..  

Of course this would depend on what we could get it for.This auction requires 3% down to bid, and then requiresan additional 7% (so total 10% of final purchase amount) within 10 days of the auction.

If the home is in foreclosure and if it's an auction date, then you can look at the published bid.

I have seen clients get outbid at sheriff sales because the value fo the bids were starting to meet or exceed the value of listed homes in the neighborhood. 

If they do redeem they will pay the purchaser at foreclosure the high bid amount, and some costs.

I'd also get multiple bids and numerous interviews to see who is knowledgeable in that particular situation.

Im not sure its all FoxxCon. in my market, my own homes ARV Has risen dramatically, I purchased in December for $110K (needed $20K rehab) with ARV of $170K today I could list at $199K and possibly have it bid above that, supply is tight in many markets, and in my opinion we may be on the cusp of the Euphoria segment of the cycle hitting is in spring of next year, Projections I have read from WRA and Zillow show expected price appreciation in my market north of 9% by this time next year.

You can buy at the auction, if the starting bid is low enough to make it worthwhile to bid. 

Full Price is the high bid plus $195.00 Transfer fee !"...