Does anyone out there have experience buying the right of redemption from people that have had property sold at auction.

I went to go pay taxes today and while I was there I looked at the bulletin board for Auctions on some houses.

Expand outside of the MLS/Auction avenues.

As for condos, I am not generally a fan of condos for several reasons, but I recently considered bidding on some at auction.

I have never bought a rehab that I have ever regretted or worried about because I never over pay, my numbers are what they are and I dont pay a penny over, whether it be auction or anything else.

So earliest you need to send acceleration letter TODAY and then start foreclosure advertising next month for 4 weeks to foreclose the first Tuesday of March .Sadly even when you foreclose if they do not leave voluntarily you have to go through eviction as a holdover tenant unless someone pays cash and pays off your property a auction and then they deal with it.You will not be getting money in the immediate term but will be paying it out for all options.

., to stop an auction, and never get their discharge you may still be able to use your selling point of waiving a deficiency.

It seems to me if you are trying to enter this business for the long haul you cannot rely on auctions and REO properties.

im doing this sfh where I paid 1200 cash to buy it at auction it will cost 8to 11k to get back up to code and It should pull 750 for rent its 2000 sqft 4 bedrooms garage fireplace basement.

If it's a deal, I'll go ahead and offer on it (or buy it at auction) and then market it.When I first started, I wouldn't close unless I had a buyer.I'm not sure about my average marketing spending per deal, but probably around $1k.