they usually hold them in public place like Town Halls.if you visit a Town Hall - usually you'll be able to find info on upcoming foreclosures on bulletin boards - but the staff at the county office/town hall will have nothing to do with the process.Legal Notices are used to make sure that the auction is a public "hearing" so to speak.

Hey everyone...Been lurking on the board for a few weeks.

have your lawyers write an addendum to the purchase contract disclosing the amount which is the difference between the appraised value and what the seller actually wants... label it a marketing consulting fee to a XYZ company.the key to cash back is the relationship your lawyer has with title company. have your seller order title through your attorney and everything is fine.good luck and if you need clarificaiton let me know...

PLANNING IS KEY...

This house needs $20-30,000 of repair.House "B" would require a higher mortgage amount, and may need some work, but would essentially be turn-key.

.) -- including a lien on the stock of a cooperative housing corporation (a “co-op”) -- no lender can enforce its due-on-sale clause due to any of the following prevalent circumstances:(1) The creation of a lien (or other encumbrance subordinate to the lender's security instrument) that does not relate to a transfer of rights of occupancy in the property;(2) The creation of a purchase money security interest for household appliances;(3) A transfer by devise, descent, or operation of law on the death of a joint tenant or tenant by the entirety;(4) The granting of a leasehold interest of three years or less* not containing an option to purchase(5) A transfer to a relative resulting from the death of a borrower;(6) A transfer where the spouse or children of the borrower would become owners of the property;(7) A transfer resulting from a decree of dissolution of marriage, legal separation agreement, or from an incidental property settlement agreement, by which the spouse of the borrower becomes an owner of the property(8) A transfer of the borrower’s property into an inter vivos trust in which the borrower is and remains a beneficiary and which [trust agreement] does not relate to a transfer of rights of occupancy in the property; or(9) Any other transfer or disposition described in regulations prescribed by the Federal Home Loan Bank Board.

It needs minor cosmetic repairs, is a 3/2(desirable), and can stay in the park.Less headaches and I would have spent that much on any of the others with more headaches.The key is to line up your buyers so you don't spend time paying lot rent while you wait to sell and to keep some of your capital so you can keep investing instead of buying one, spending all your money and then waiting for the payments to build you up to where you can by the next one.

You'll find lots and lots of investors on this board, so join in the conversations, be sociable and network wth others.We're glad you're here!

I do understand the dynamics of building somewhat of credit, and even though its hard to believe i'm not the type to get mislead by credit cards. i do understand the concept of good and bad credit, and i also understand that good credit is a key point in being eligible to buy a property, therefore i'm going to have to start soon. thank you and i cant wait for more to respond with advice :) i'm glad i'm here.

Just wondering if anyone has looked in to buying in that area, maybe I could jump on board with them if the numbers worked our right?