Sean Stewart
2nd lien bank foreclosure - excess funds go to 1st lien?
Scenario: 2nd lien bank foreclosure auction ~ $50k judgement/fee/interests. Winning Bid at auction $100k. 1st lien owed $150k (not in foreclosure yet)
My question: Does any winning bid over the 2nd lien credit b...
Joseph Druther
My seller just DIED!!! Now what??? Probate?
Ok guys, here is the down low.. (or is it low down?). I signed a contract for a GREAT rehab deal for a house in the hottest part of town in our county. Got the deal from a door hanger! Tried to get in touch with these...
Scott Nidell
A newbie walks into a county auction...
A few months ago I decided to go to an auction at our local county courthouse. I looked up the listings on our county's Trustee sales list. I looked up a large amount of the properties on Trulia for crime, Zillow for ...
Maher Bateh
Writ of Possession??
Do most writ of possessions usually go smooth? Or is it really a pain to evict an owner who lost his house at a a foreclosure auction. I was the winning bidder and the owner still lives on the property.
Jeffrey Yates
Foreclosure has equity, but homeowner won't sell to anyone!
I found a good potential deal a few towns over from me. The bank issued a default judgement for an amount which still leaves some equity in the house, but it is set to go to auction in two weeks if the balance goe...
Philip Williams
what happens when no one buys at auction??
Hi all was looking for a little help, I go to real estate auctions daily and often times properties are overpriced and no one bids. What happens next, do the bank just shrug and list with a realtor, put it up again mo...
Tiesha M.
Investing in Sandtown-Winchester, Baltimore City
To all my Baltimore investors, would you invest in the Sandtown Winchester neighborhood in Baltimore City?
Tim Lowrie
Business Investment ideas
Hello fellow BP members.
I am looking for some advise on some investing ideas. I am a general contractor and through the business I have some capital we want to start investing. The overall goal is to generate a s...
George Frye
AUCTION.COM for note purchasing
I got an email from Auction.com and they are selling notes. Now I am very familiar with them as I have bid on residential with them before. However I just recently started paying attention to their notes. Most are ...
Andrew Cowles
Advice for new investor buying and flipping at auctions
I'm looking to buy my first property. My thought process is to buy at a discounted rate at auction and then rehab and sell for profit. Obviously it's not as simple as that. Any advice on what to look at when it comes ...