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This seems to be one of the more confusing topics I've come across. I have bought some REO properties in the past (I'm 2 years in the RE game). I've made some decent money from REOs but I'm considering buying properti...
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I have purchased 2 tax deeds earning 18%. Would it be a smart decision to hold for awhile or start the foreclosure process?
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Are you allowed to rent Alabama tax deed properties? What about tax certificates? Assuming that would note be wise just incase the original owners redeem the property within their 3 year statute? Tax deeds on the othe...
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Help please! What are my options?I was high bidder at a sheriff auction a few weeks ago. I paid my deposit immediately to the clerk of court. While preparing for closing, the title company finds out that the seller wh...
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Do you know anybody who has successfully completed a judicial foreclosure lawsuit for an Alabama tax lien, under the new tax sales system? I'm trying to create a list of problems people have encountered along the way...
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I’m considering buying my first foreclosure in Minnesota soon. The owner died long before the notice of pendency was filed and I cannot find any probate records to determine heirs. I was considering buying at the sher...
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hi guysis it possible that a foreclosed owner can redeem his property for below what i paid to purchase it? because he only owed so much to the bank?assume he owed $50,000 to bank, and i bought the house at auction fo...
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I just bought my first house at a foreclosure auction today after 3 attempts on other properties. I've been flipping REOs so far. The auctioneer was inexperienced, lost (could not find the correct legal location ...
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My neighbors are going through bankruptcy, I think its chapter 13. They have a couple of rental properties that are included in the bankruptcy. They are upside down and will result in an eventual shortsale. What hap...
Hello BP Community -
I have recently bought a property through Wayne County Auction - (Detroit, MI)
Located in Highland Park Michigan.
A Duplex!
Occupied by Past Owner in one unit, the other unit is empty.
I hav...