You don't just get the asset, it goes to auction and you are only entitled to your notes balance plus interest and costs associated with the foreclosure.

Hi Barrington-I met the investor I bird dog for at a home auction.  

Hello,I am a in investor in the San Antonio, Texas area, and I am curious in 2 properties that are available off of the "struck off list" (our county's list of properties that did not get sold at the tax sale auction).I recently found out that our title company that we usually buy our properties from will NOT issue title insurance on properties bought at the tax sale for 2 years!!!

Here's my situation:I just got a rental property from auction paid in cash plus my other properties' HELOC.

The auctions and such are difficult as well and I doubt your Realtor knows how to do those.

If the agent has any brains, they'll talk the owner out of signing a purchase agreement that likely won't be approved, since when it's rejected, they'll be 90-120 days closer to an auction date.

The seller is in pre-forclosure, the sheriff's sale has already been postponed once, and home is scheduled to be auctioned off at the end of this month.

I sent letters to homes up for auction (monthly/bi-monthly) and received a call from a woman who was in distress crying.

The house had already gone through most of the steps to foreclosure here in WI and once that deal fell apart, the bank had their attorneys get it scheduled for the sheriff's auction, which here in WI, when a property gets to that point, once the court approves it as being ready to be auctioned, its date is set, I think its 6 weeks ahead of the auction date.

I've never dealt with Genisis Auctions.