@David PereiraBuying a property with all cash can bring a lot of perks, like more money in your pocket, no need to pay interest, a better chance to win in bids, easy process, and peace of mind.

But homes in the Carolinas are still selling for well over list with multiple bids due mainly to the supply and demand issue.

What I do is HIRE a paralegal to do the PROPER due diligence when I have a short list of tax delinquent properties I potentially will bid on.

This indicates a shift from a seller's paradise to a more balanced market.Median Sales Price Holds Steady: The median sold price for residential homes sits at $469,998, reflecting a modest 1.9% year-over-year increase.Fewer Bidding Wars: Though sellers are still receiving close to list price (95.6%), the intense bidding wars of the past seem to be fading.

It seems that your association property manager is lacking.Normally what a CAM (community association manager) does (and there is some variety to di depending on the agreed role) is run the day to day affairs for the board while the board makes decision on reserves and budgets, choosing a vendor after getting several bids, etc... 

The seller definitely listed low to get a bidding war.

So you finally found the 'perfect' property!? Amazing..the challenge is that it's someone else's dream home or investment also..and for one reason or another, there are a lot of investors flush with cash! In fact, one...

I want to bid on a foreclosed property offered from an online auction but want to know what due diligence should be considered besides financial analysis.....

It means the bank has already foreclosed and they didn't sell it at the auction, either because no one bid or no one bid high enough for the bank to accept and they thought they would be better off selling direct to a buyer on the market.

I want to start attending foreclosure auctions to get a feel for how they operate before actually doing any bidding.