Jon K.
Non-Refundable Bid Down Payment
Hi All,New poster, but have been reading the books/listening to the podcast for a while now. Looking to make my first investment, but haven't found anything in my area that would fit. I just saw an ad in the newspaper...
Account Closed
Vets Electric Company - Case Study
Just wanted to share my experience with Vets Electric Company based out of Tacoma, Wa. Hired Vet's to perform all electrical work as part of a full house remodel. Work was scoped, they provided a bid, and work was sta...
Mike Nelson
HUD homestore insanity?! Why are they so erratic in acceptance!?
So I have been bidding very aggressively on HUDhomestore.com for the last 6 months with nothing... nada... zilch. I have been vigorously valuing properties that I find listed lower than they are worth and bidding i...
Jared Stasch
Auction.com again!
So I think I get it now. Auction.com does nothing except put an offer into the sellers hands. Even if you win the bid and meet the reserve, all you have done is basically presented an offer. It's up to the seller t...
Adam Drummond
foreclosure auction at courthouse question
I am planning on going to my first courthouse foreclosure auction next week. does a bank that is foreclosing on a property always bid on that specific property at these auctions. I found a list from the attorney act...
Michael Yoder
Bidding MORE than listing price for HUD home
I'm currently looking at a house on the HUD home store website. I would move into the house so I have priority in the bidding process. The market down here in Virginia Beach is very hot and the house I'm looking at is...
Zaren Basanow
Realtor screwed up my HUD deal
I found a HUD home in NJ open for owner occupants bid. Realtor broker for me submitted bid and was accepted by HUD. Wrote check to realtor company, signed all papers. Asking for 20day close. Realtor broker just calle...
Christian Bors
What is a HUD home, where do you find info, how do you buy one?
hi everyone,I was hoping someone could explain to me exactly what a HUD home is. I heard if you buy one as an owner occupy, you get first crack at it. Where do you find these properties and is there a special way to...
Rich Hupper
Turn around on Construction plans for a 3 unit design
I bought a 3 unit building last year. Got bids from 5 architects to redesign 2 residential units and 1 commercial unit and do some historical preservation design. The bids ranged from 8500 to 50000. Being the newbie I...
Kimberly Jones
NPN's and IRS Liens
Does anyone know whether IRS liens can be wiped when foreclosing on a Residential Note?