Would I need a preapproval letter if I have ready a HELOC equal or above the bid?

My hubby and I have just won a bid on a house in Estero(FL).we are excited and worried at the same time.

- Is it spelled correctly?

I don't k now if I'm to conservative with my bidding or whats wrong.

U....nder C....orrect K....owlege When I say JUST DO IT...........I truely mean that It must be followed up with NEVER GIVE UP NEVER SURRENDER....

Last REO I looked at (in absolutely terrible condition, but in a so/so neighborhood) sold for well above what the bank had it priced at -- because a torrent of flippers bid up the price!

I have recently found a property in my area that says it's going up for auction in a month with a starting bid of 9800.

I have been on this site for a while and you certainly are correct in the fact that it is loaded with info.

correction of the profit percentage on my last post:the $2,500 is 5% of the net profit.

You bid on the lien, and then you earn interest on the lien AS LONG AS YOU KEEP PAYING THE TAXES EACH QUARTER.