I have had to make numerous title claims (going through one right now) and having that policy has saved me a good amount of $. 

In addition, because of how low interest rates are, there are numerous buyers who are waiting on sidelines for these foreclosures because money is very cheap right now. 

For whatever reason, there can be tenant wars in duplexes, four-plexes, etc.

This may change as the amount of disabled veterans continue to drop (amen for less war), but it's never a guarantee.A senior living in a 55+ mobile community can expect a pretty large discount off their tax bill, but someone in their family home not so much.hope that helps

You'll see things pop on the market here and there but, if it's a decent deal, it's gone in a few days with a bidding war.

You will find yourself competing with numerous cash buyers on every investment property and single family residence.

I would recommend buying off market to get out of the bidding war.

They might have to move to outlying areas, but at least they could avoid bidding wars, get more home for their money, and have a chunk of their closing costs covered.

I did see this article here which says Austin is one of the worst in terms of bidding wars: https://www.biggerpockets.com/... 

I realize that depends on numerous factors, but any thoughts as to strategy would be greatly appreciated!