Seng Vang
Auction property fix and flip opinions
Hi all,A property that is being held for auction is coming up and the estimated repair cost will be $75,000 and the ARV is $150000. Again this is an auction property so I do not know the purchasing price of the proper...
Michael Sherwood
pulling current information a property I am looking to purchase
Is there any way to pull information on the current mortgage on a property? I want to find out how much of a balance they still have on the mortgage or if there is a mortgage at all? This will help in determining a bi...
Greg Nolan
Did I get taken for a ride on a HUD bid by my broker?
Hi everyone, I'm in the process of making my first HUD auction purchase and I think the listing broker was not upfront with me.I found a good deal on a property and went to see it, liked it and discussed the bidding p...
Jonathan Godden
HUD earnest money, am i screwed?
Hey guys,
So recently I had the winning bid on a hud home, the home was a little out of my budget but I could afford to buy it, I would have just needed to make a loan for the rehab materials using the property as co...
Jim Vora
Return on investment on Tax lein
I did have a question about Tax leins:Does the home owner has to pay interest on just the taxable amount that they ownedd to the county or do they have to pay interest on entire amount the bidder bid on the property t...
Chris Phillips
HUD Bid Submission Dates
Been looking at a HUD property and the owner occupant deadline was first supposed to end Sun night at midnight, then it became Mon night for some reason. I just checked again and is been pushed back again to Tues nigh...
Pamela Mitchell
Hello I have Auction.com questions do they have fees?
How many use auction.com what are the pros and cons? Do they have fees? I know to bid at court house you have to have $10,000 and that goes towards purchase price but someone told me they have hidden fees you wont see...
Jeremy Jackson
Making an offer on my first HUD home, advice needed
I've read for the past hour regarding this and learned a wealth of info. I will be offering the asking price. Owner occupant bidding ends at 1159pm ct on 6/6.My buyers agent is not real experienced (although her fat...
Daniel Coleman
General Contractor stealing design
I have question for all the real estate professionals out there, I am starting on a new project as a new real estate developer, I had a general contractor ask for my plans and rendering PDF (All are copyrighted) to ge...
Salley Smith
Changing loan types on HUD after the bid was accepted?
When our real estate agent was submitting an offer to HUD, they checked the 203K box. Our bid was accepted, and It turns out now that the house does not need as many repairs as we were expecting. We were wondering if ...