Marlene Michael
Great property up for auction on Auction.com, but no one is bidding??
I found a property on auction.com that looks like a steal of a deal. Two problems: 1) There is no access before bidding/purchase, 2)It is still occupied, so I can't go peeking through the windows.My question is, if ba...
Neha Wadhwani
Trustee Sale - IRS lien on previous owner
I am considering a property being auctioned at a Trustee sale in Texas. Current owner is a bank. However, I noticed that the previous owner has a $20k IRS lien on him. The IRS lien clearly states its a claim on all hi...
Jack Bobeck
State Auctioning Off 5 Bedroom House In Jacksonville's Riverside
From a post online at WJCT - In a very good neighborhood. A stately house with a complicated history is being auctioned off in Jacksonville’s Riverside neighborhood.The property, which was last owned by the state Depa...
Konrad Utterback
Operational steps of buying non-performing notes?
Hi, I was wondering if anyone can give me some color on the operational steps involved in purchasing bundles of non-performing notes, in broad strokes.My idea so far is something along the lines ofReceive list of non-...
Chelsey Jimenez
Tax Lien vs Mortgage Foreclosure/Auctions
Which is better? To me I would think Tax Lien properties? There are tons in my area that appear in good condition. In my county they also give you a time frame before putting down the 10% deposit after auction to get ...
Amie Lerch
2nd & 3rd Deed of Trust - Foreclosure Sale due to death
Rookie here. I’m close to my first purchase. The property is a foreclosure due to death. There is no family. I’m working with the decease's attorney. I pulled the Title Report and found there are 3 DOT. The owner had...
Daniel H.
Seller Financing
Looking for more details on offering seller financing with the sale of my property. I would set up the loan to be secured by the property I am selling and if the buyer got behind in payments by a certain amount, I co...
David Smith
Foreclosures on the courthouse steps
Hi Guys, thanks for providing such amazing information here! A few questions about buying foreclosures on the courthouse steps:
1. Are 3rd party buyers getting in on these still or are the banks continually getting...
Denise Evans
Alabama Tax Lien Auctions
33 Alabama counties have switched to the new tax lien auction system familiar to investors around the US. No more of the arcane traps lurking in tax certificate and tax deed sales that can lose money for the uninform...
Herm M.
What to do with a high BPO?
What tactics can be used to get a property after it's been BPO'd for full FMV??
Have the listing agent tell the bank that the BPO is off?
Type up a letter to the lender and show them low comps? Request a new BPO?