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This is the novice investor in me but why would a bank give an initial offer of $80,000+ on a house during the court house steps auction and then turn around to sell it on the MLS for $20,000 a month later? Is this co...
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Looking to find out how the process went and was there any information that I need to know?Jay
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Hi All,Am getting ready to own some 40 rental units in Chicago, in a couple of south side locations. I'll be self-managing, and have both the time and pretty solid experience. There's just one problem (ok, probably mo...
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I have been researching tax deed and tax lien investing. It is something I would love to implement soon. However, I am struggling to figure out all the research I need to have done on the properties. Im located near R...
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If a property owned free and clear is sold at an HOA foreclosure auction, which law (SB1079 or Cal. Civ. Code 5715) applies?
For SB1079, a prospective owner-occupant can bid on the property post-sale and win the auct...
Looking to bid in a few days on a Primary Mortgage lien, it appears that there was an COA Lien which was filed with county on 11/22/22. Unclear if the lien has expired, and if surplus funds would go to the COA Acc...
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I've been in brief discussion with a person whose foreclosure auction date is this Friday Jan 11, but he's stopped communicating and I wonder if he's given up and will go through with foreclosure. What do I need to do...
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I recently found a property I was interested in. A little rough, but not enough to turn me away.I was told by my agent that it needs a roof, she suggested a few roofers to call. I have never worked with this agent ...
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Investment Info:
Single-family residence fix & flip investment.
Purchase price: $48,000
Cash invested: $50,000
Sale price: $125,000
This was a small 3 bed 2 bath in the small town I live in.
...
I am looking for the auction which provides:
-clear title
-vacant home
-reserve price=minimum bid
-online bidding would be desirable too
My experience:
-REDC - due to reserve price and lenders approval, approx. 50-6...