What happens to notes held by banks that were closed by the FDIC. If mortgage payments are still to be paid to the closed bank, what happens to the payments?

I thought I'd relate my experience with the above website, and see if anyone else chimes in with their experiences with this company. They are apparently a clearing house website and the people are in India. The loc...

I thought I would add my experience with Hubzu.  I am currently under contract for a property listed thru Hubzu.  This property is literally half a block from where I live, so I walk by it everyday.  there was a sign ...

During my research in preparation for bidding on a HUD home, I read several articles and forum posts from bidders expressing suspicion about the process.  They described odd occurrences such as being told they were th...

At a local property auction, I noticed many people were paying with Cashier's Checks. Were these individuals using their own cash to pay for the Cashier's Checks, or were they funded through loans for their Cashier's ...

Hello BP, I am a new investor in NC. I have been following a run down property I knew was headed to foreclosure for a few months.  I had an attorney do a title search and he determined that it was a $25k line of credi...

I've been looking into tax lien sales here in Columbus, OH as well as near Mansfield, OH. What are the downsides to actually investing in the tax liens specifically aside from what laws are in place in regards to the ...

I am VERY knowledgeable about Alabama tax sale overbids and the circumstances under which a third party can partner with the taxpayer or buy their rights and get the money, but I confess I don't know which other state...

A question for you! Does this smell like a fish market? Through my broker agent, I placed a cash bid on a FNMA property. Unknowingly, another investor placed a cash bid on the same day. Neither bid was accepted. My ag...

Hello all,

I'm researching to get started in the REI market in Miami. Is it possible to visit some of the county public auctions to see how it works? Or is it exclusively for those that put deposit cashier's ...