You keep bidding until the auction is over the highest bid wins just like eBay

Ask questions to figure out his needs and try to give it to him in a very win-win way.

They haven't followed up.Would a lease option be a good win-win solution?

Finally, if you are the winning bidder, as I have stated many times here, when they send you the contract you fill in that you are having your local Attorney/settlement company do the settlement and the title search (as opposed to Hubzu).

:-)Looking to more REI learnings and having good win-win long term connections here at BP.Thanks BP community for all the good value posts shared every day.

For example, a lot of sellers are still extremely motivated by the strong demand we've had in Montreal but if you're someone with a bit of patience and people skills, you can still close on a winning deal if you're taking the time to educate the sellers on where the market is now and how the numbers have to make some sense before placing an offer. 

Personally, I reckon you should have been able to get it done without offering a 50% profit split.Deals don't need to be an ONGOING win-win for the Seller, when they've already agreed to a price.Nonetheless, congrats.

If you end up in court, it might be the difference between a win and a loss.Just for clarification, this is the language of the statute regarding the return of security deposit.38-12-103.

With properties that end up at foreclosure, I never say anything is a guarantee and pre-title work can get expensive for multiple properties when you have to bid to win on them, before knowing the initial bid price (which often is too high).

My investors and myself have spoken to the main players lobbying against the ban, and we have found some very disturbing information.