Tereak Sims
Understanding Tax sales auctions in Grand Rapids mi
I’m trying to understand the process of investing In tax sale auction. From my knowledge you pay the taxes on a home from there you receive some type of certificate saying your going to get a rate of return on the ta...
Waverly Rennie
my experience with HomeSearch
just wanted to share what I experienced. As other posters had said, I could see that it was probably the bank bidding up against me. By waiting till the last minute, literally, to make my next bid, they dropped the bi...
N/A N/A
Bank Ownership vs. Mortgage Co. ownership of REO Few Q's
Just joined great site. 1st question: I have seen several references that banks are not allowed to keep investment property/buildings unless they are used in the course of their principle business. Therefore they mu...
Ben Ezequiel
Offer missed by seller's agent!
Hi All,
I made an offer through my agent and I lost to another bidder. It turns out the seller's agent didn't see the full offer and so missed the fact that it was multiple deals I was bidding on. The incorrect price...
John Perry
Disaster At Sheriffs Sale
Yesterday I did something incredibly stupid. I was bidding on a house at a Sheriff's Sale online. During the auction I went to increase my bid and accidentally ended up bidding on the wrong house (I know baffling). Tu...
Nolan Payne
NEED HELP ASAP IN PROCESS OF PURCHASING FORECLOSURE
Hi BP Community!I need your help! As of yesterday, I'm the winning bidder on a property on Auction.com. I drove by the property yesterday before bidding on it and it's still occupied. Looking at the register of deeds,...
Matt Schelberg
Rate My Play For This Foreclosure Listing
A foreclosure I offered on (and lost) 40 days ago fell out of contract. The listing agent came back and asked if my offer is still good. Please analyze my play for this property!
Background:
Property ...
Lang Le
Starting bid price in a Trustee Sale auction
Who establish the starting bid price (minimum bid) in a Trustee Sale auction ? Is this price relate to the mortgage balance ? I see a case where the mortgage balance is 350K and the starting bid price is 200K. What ...
Mark Spivey
Fed Tax Lien Question
Hello Everyone!I'm planning on bidding on my first property at auction soon and started doing a recorders office search on the title.It looks like there are some hefty Federal tax liens that were filed on the same day...
Lisa Monroe
How To Bid Online Florida Foreclosure Auction
Florida counties hold their auctions online.
What is the minimum bid for these properties? Is it the final judgment amount?
Yes I am new to the online auction and would like too know what PLANTIFF MAX BID, FINAL JU...