Hello all-I'm in the middle of negotiating with the VA on a foreclosure deal and I'd like to know about any pitfalls that I may be unaware of before making my counter offer. 

Hi Bill,We're all the homes you purchased foreclosures?  

Also, is it necessary to get a lawyer to service the foreclosure?

The seller panicked and started to look for an attorney to start foreclosure in order to take the property back and put a renter in the house.

Getting to the owner before it goes into foreclosure is huge. door knocking can be scary but I do it, give my card to neighbors let them know I want the property next door and If they see the owner can they give them my card..HAPPY INVESTING!!!

Wondering, how do evaluate properties from foreclosures, auctions or out of state sales, if you don't have access to see the inside of the property? 

The only downside is you're bidding on stuff sight unseen most of the time, but that is how foreclosures go, certainly not a knock against auction.com.

I live in NC, where there is a ten day upset bid period on foreclosures, and I was present at a recent foreclosure auction. 

That's why I would only do it if the LTV was good so If I end up with the property I'm still ok after buying it from the first lender and paying the associated fees accrued during the foreclosure process.

He tought me the foreclosure business and how to do my own search's at the courthouse how to find shawdow plats etc etc.But one thing he did was he exchanged hourly rate for equity in the deals .. so he worked for many of the larger developers in the Bay Area..