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Hey all. So I'm going to bid on a property and spoke to a friend's lender and here are the banks terms. To me, it seems like 2 separate loans that I'd have to bring to closing. Am I way off base here???Here's the deet...
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Has anyone had any success with trying to acquire tax-defaulted properties? If so, could you help me understand the process involved? Do you become the property owner by simply paying all the back taxes owed?
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Hello All,I’m very new here and have started my flipping journey this May. I feel like the process has been somewhat smooth however it seems like there has been some issues regarding what the contractors will provide ...
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I'm looking for a HUD Broker in Florida, Pennsylvania and New Jersey that is willing to place HUD bids for me. I keep getting the run around and want a person that will help me out. Please Help!
Are the following thoughts correct?
1. Interest earned on Baltimore city liens are 18% annualized interest rate
2. After 6 months, if a tax certificate is unpaid, then the investor may foreclose on the property by...
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Anyone ever purchase or even bid on properties on Auction.com? If they don't sell on there to do they go to MLS? Do all properties have a reserve? What tools do you use to determine potential property value with re...
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What are you paying to have work completed by contractors?Are you getting bids? Time and materials? Time and you pay for materials?Would love to hear what others are doing. We are currently entertaining the idea of pa...
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So I finally found some records on past tax certificate sales in my area. A VAST majority for them went for 0.25% (18% is the starting bid). What's the logic in this? If the owners pays the tax it's hardly worth th...
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Newbie here. Short version: I attended a local foreclosure auction and one of the houses I was interested in went back to the bank. Is there a way for me to buy it now directly from the bank, or do I have to wait fo...
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This is a property I am considering purchasing. It is a HUD property and the power is currently off. HUD lists the AC as damaged. I need someone (maybe with a generator) to test the AC for me, and give me an estimate ...