Rebecca Bauer
Negotiating our 1st deal - Counter Offer Advice Needed
We are downsizing our home to increase our buying power (and simplify life a bit). We will be living in this property (3 bed, 1 bath, 1100 sqft) but have decided that whatever property we purchase will have the abili...
Kim Handelman
I know a house is going to foreclosure-How do I get it?
HI Everyone,I've had my eye on a property to live-in flip for awhile (it's been an over-priced short sale and the agent said the bank wouldn't budge on price). The owner passed away a few weeks ago and I just found ou...
Lang Le
Can the bank reject the bid
1. At the moment, I am a highest bidder on a Trustee Sale Auction (the trustee is a law firm) the starting bid was set at 194K and my bid is well above it (240K). Any chance that the bank who holds the mortgage will ...
David Stefanovic
Online Auctions?
What are people's experience with online auctions, specifically with auction.com? What are some of the things that I need to be aware of when placing a bid on a property that is being auctioned off online? My biggest ...
Deb R.
RE agent suggests a much higher number, why?
I'm not sure if this is the correct forum for this but hope someone can help redirect me or offer advice.I wanted to put a bid on a house that is listed at $225,000. I of course want to pay the least amount so I jokin...
Rhonda R.
Buying a HUD property in NC
I have been reading BP for a few months now and trying to learn about real estate investing. I am beyond frustrated with dealing with real estate agents. I just placed my first bid on a HUD home and won the bid (lis...
David Krulac
Just went to a tax foreclosure sale
where there were 175 properties offered for sale free and clear, and 51 of the properties received no bids!Of the remaining 124 properties the top 3 bids bought 53 of them. There were 100 registered bidders and some ...
N/A N/A
Is this a deal?
Hello,
Let me introduce myself first; My name is Ben, I am an electrical engineer, MBA student, and small-time entrepreneur in Cincinnati Ohio. I got here from searching to learn about foreclosures, flipping, and RE...
Jeff G.
Need Advice: General Contractors and Flipping in Enfield, CT
Hello,I'm a wholesaler and I have some deals coming under contract in and near Enfield, CT. However, In order to do this "the right way" (tm) I need to get the property inspected and have 2-3 GC's bid on the rehab. I ...
Vikram C.
Delinquent first mortgage but not 2nd
Does anyone know how a second mortgage holder comes to know that the borrower is going to be foreclosed on the first mortgage? In the rare circumstance when the borrower is current on his second but has defaulted on ...