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I did my first Sheriff’s Auction this month. I won a 1300 sqrft 4BR 2BA house in a small east Texas town. It is currently occupied. From the street I can see it needs a new roof. This home is not under homestead exemp...
In an IRS auction, the IRS lien was recorded after the first mortgage. Does the winning bid with the IRS eliminate the first mortgage and get the deed to the property after the redemption period or will they just eli...
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For those of you experienced in foreclosures, are auctions the main way to obtain/purchase a foreclosure? What exactly are HUD homes? I am planning to attend an auction as an observer to start to get the feel of them....
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With the mindset of demoing whatever is on the property, and building new home, what’s everyone opinion on bidding on property and getting it for much lower than the average property within 2 miles ?
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I won a bid in FL on a HOA foreclosure that has no mortgage. I found out after there is another association where there is a 32k balance I have to pay. I had a few questions.1. If I just let it go back to foreclosure ...
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Hi everyone,Hopefully will be bidding on my first auction property this weekend (homesearch.com). I have read up ALOT about these deals. There are a lot of horror stories however usually there is at least someone in e...
There is half a duplex going to auction this week, and my dad owns the other half. My dad would like to buy it but he knows it has 2 mortgages on it. One for 100k and the other for 95k. The house is valued at 80k. If ...
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I am very interested in learning more about IRS Auctions. Are there any encumbrances that would supersede this sale, what are they, and how would I find out about them? Honestly I'll take any and all advice on these...
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Hi guys my name is colin and i live in south florida. My fiance and i are looking to buy our first home thats listed on home search. We did our due diligence and had an inspection done as well as a title search by a l...
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This was my first..is it unusual for the bank to bid more than what it seems the balance is on the courthouse steps. I was the only one present and not prepared to register. The description and information was read ...