At which point in the foreclosure auction process (Let's say once I am the winning bid on the property) do you have to put down an EMD?And just checking, is the EMD requirement for foreclosure auctions 5% of the total...

During my research in preparation for bidding on a HUD home, I read several articles and forum posts from bidders expressing suspicion about the process.  They described odd occurrences such as being told they were th...

Hey everyone. I'm a newbie working in Philly, Pa and I just wanted to get some opinions or experiences on the Williams & Williams auction. I've read some of the older posts about them on here, but has anyone atten...

I saw a post last week where someone lamented how many success stories and how few horror stories get posted on here.  So I thought I'd start one to give a little potpourri of what I experienced in the last week in my...

After several years of contemplating real estate investing, I finally closed on my first rental property! It's a 4/3, 2065 sq ft SFH built in 2011. Wells Fargo foreclosed on the owner and sold it in an online auction ...

Welcome back. In this section we will discuss how to better understand the asset lifecycle that auction.com utilizes to run their properties through auctions. This section will focus on live bidding on the website and...

Someone recently contacted me and wanted me to pay him for an introduction to an REO company so I could bid on properties before they went to auction but this person would charge me thousand of dollars in fees on top ...

HiI was bidding on a property on hubzu when someone places a weirdly high bid. I'll use random numbers to explain, but the principle is the same. I had the highest bid of 120k. I assume that the reserve is around 150k...

So I'm going to my first home auction tomorrow. Older gentlemen died and his kids are auctioning off the home and everything in it. I want the house of course and need some tips on how the bidding process works. Do we...

1.  Can agents submit bids for themselves to purchase REO homes such as HomePath and HUD?  I believe that I heard that if you are registered to place bids on these sites you can't buy them yourself.2.  I was listening...