I won a tax lien sale at 100% via Civic Source and the required 3 year redemptive period is coming up. I was reading that I was supposed to notify the owner or whoever the heirs of the property were during those 3 yea...
If you buy a foreclosed home at an auction, how long is the redemption period in Michigan for the foreclosed owner to make good on their payments and keep the house? Also, if I were to buy a foreclosed home from an au...
I verbally (email) agreed on price with bank, that they will sell to me at. They didnt want to sign the one-page offer I sent, which is fine, but they have attorneys they use for Offer To Purchase contracts. Whi...
In need of direction. We won a forclosure on auction.com with a quitclaim deed (not great but we checked for other liens and there were none). House is still occupied until June (4 more months) until the redemption pe...
Hi,I am looking to purchase a property for 41K that should appraise for about 60k. I was planning on purchasing with cash and refinancing out as quickly as possible. All I ever heard was waiting for 6 months to do the...
Hi everyone,I am a newbie in the real estate investment world. I am here to learn about Memphis fix and flip market. I would love to learn from experienced ones who know the market and strategies. I also won't mind co...
I am new to helocs. Taking out a heloc on my primary, no mortgage note. Comps in my neighbor peg house value at $348K. If a bank does 80% but is availing a $220k line. Am I on the loss for something here? Why won't ...
Hey all, I was hoping all of you smart investors could help walk me through the foreclosure process. I don't mean buying a property that is REO owned, I mean actually trying to buy properties before the bank gets them...
I am a beginner and attempting to set up some cost models for fix & flip properties. I am aware of the many costs, including holding costs. However, my roadblock is in determining the timeline. I am wondering if a...
Hey everyone still new here. lots of great info on this site, Shame I didn't find it sooner. so what is the general consensus amongst the REI communities on tax lien auctions? I'm in Connecticut and I'm thinking of at...