There are several ways to do this, consulting a realtor being one of them.When you say minimum holding cost, what type of financing are you getting?

Find a Realtor that you want to work with, or even someone who will run you comps for a little bit of money Have them run comps on the ARV (After Repair Value - read "fixed up").

Thanks for all of your advises, it turns out this agent is in the middle of quitting (or being fired) from the current broker and getting in to another; he has been sitting on doc for over 3 weeks (mostly basic REO disclosures that needed to be signed and return to selling agent) that he didn’t know how to pull them out of Windforms (Realtor Online Contract data base); asked seller’s agent questions about them over and over; lack of REO knowledge (REO Specialist printed on his card) and couldn’t care less for his last few clients…Relayed the facts above (with a little help from the selling agent) in addition to the tangible misled evident to my agent’s boss and got only 18 moths worth HOA fee ($810) credited.Yes, another rookie’s lesson learn; just didn’t think he would be that much out of line for a major issue like such; considering he’s a 72 year old guy with shallow ethic.

This must be done in person obviously.A realtor brought two deals to me, which I agreed to negotiate and ultimately purchase.

But I can see how someone could construe such an invoice to equate to acting as a realtor.. if that is still the process).Regards

I'm a little worried that a Banker/Realtor/Lawyer won't take me seriously because of my age, but my parents said they will sign on a loan because I don't have any credit history.My major goals are to have a stream of income in college and to be financially free when I leave college.Does anyone have any advice for me?

-Have you listed the house with a Realtor?

With the auction happening in 4 days, I can only imagine how many letters he received from investors/realtors/attorneys in the last month or two.

Get into a car with a Realtor and talk about the market.

You could ask the Realtor you mentioned, to run you a "sold search" for the area, and maybe even other areas where similar new home subdivisions have been selling.