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Hi Everyone,
I realized that some veterans at the auction will have decoys bid for them.
For example, John is the veteran investor. Bill is the noobie. John tells Bill to bid on that property for him up to X under ...
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Im interested in bidding at an upcoming auction and curious about the steps after winning (hopefully) the auction. I understand the amount i need to pay as soon as i win as well as the method, but what happens next? I...
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I recently was high bidder on a Hubzu Auction (actually only bidder), but the price did not meet the reserve. I originally bid $67k and was emailed a counter offer for $92k, which I did not accept. The property has be...
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I am starting out bidding at the county steps but can't seem to win one. Everyone tells me to not bid above 70% of market value. Is the correct? or do i bump it up to 75/80 %?
Thanks, Matt
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The following is question and answer on official auction website of St. Tammany, Louisiana.
Who is responsible for property taxes that become due after the tax title sale and during the redemptive period? The buyer...
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My partner and I are new to real estate investing, real new. We put a bid on a VA foreclosure and lost, this was sometime last week.Our agent called this morning and said the person who won the house had to pull out b...
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Contractors — What are your numbers based off of when calculating bids for investors?
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In short I put a house under contract with HUD, went past my 15 day inspection period, and want to back out before the 30 day closing. The house doesn't have a meter, and the utility company still hasn't installed on...
Hey everyone,We are planning to use the 203K or Homestyle Renovation loan on our next primary property purchase. My question is when does the contractor come into play when determining cost of renovation and mortgage ...
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I'm seeking those who have experience successfully, or unsuccessfully purchasing foreclosures at a court house in North Carolina. We are looking in the Durham, and Raleigh area. It does seem quite competitive. Give...