The dwarf standing on the shoulder of a giant, can see further than the giant!

I brush off the shoulders and keep it professional with a close and a smile.

At one point I saw a gentleman who clearly knew them all tap one guy on the shoulder and told him to put his bidder paddle down.

A little stress taken off my shoulders.

Your situation takes more courage, but as a young single person you have less responsibility riding on your shoulders, so I vote to pursue your passion.

At the end of the day, said entity will profit by having the loans they picked up at a discount refinanced by a govt insured agency (FHA, Fannie, etc) and dumped back onto the shoulders of the taxpayer.

By you doing this for the Seller, it is like a ton of bricks has been lifted from their shoulders and they feel free again.

If they knew the minimum bid was going to be significantly less than the amount owed, this is not in the public record and is usually only known at all the day before the auction.Sometimes if it is a sheriff Sale the sheriff will publish this info on their website.Mostly though, in more rural areas you can't get this info.Remember, lenders often have reps at auctions so the people who knew could have been attornies or reps connected to the case.Sometimes, you need to do some snooping over shoulders at the auction to see where they get their info, sometimes you can just ask them or ask the auctioneers after the auction where to get this info in advance.

You sound like you have a great head on your shoulders.

:shoot: Have you joined or at least attended a local REIA meeting where you can rub shoulders with other RE investors?