Sentences with phrase «bidding at a foreclosure»

Here are the basic steps Kim and I follow when bidding at the foreclosure auction.

Not exact matches

If you bid on a property at a foreclosure auction you better have a cashier's check with you.

Therefore you should probably make your initial bid at a price that's at least 20 % below the current market price, or perhaps even more if the property you're bidding on is located in an area with a high incidence of foreclosures.

• Managed OREO Department ensuring proper booking after foreclosure, updated values upon receipt of new appraisals, inspections, property maintenance and aggressive marketing that ensured best price through bidding at time of sale.

If obtained at foreclosure sale, usually that indicates there either weren't any bidders or there wasn't a sufficient bid made that satisfied the bank or lien holder.

The show, set in Phoenix, follows Ray and other property bidders who appear at auctions to bid on foreclosures.

There are plenty of people who make money off this who flutter their hands and insist it's incredible dangerous to bid on properties at a foreclosure auction, but really, it's not, once you've spent a few months learning the process and the law in your state and county.

At the end of the foreclosure process the bank must tender a «bid» to the Public Trustee for whatever amount they feel they can substantiate.

The financial institution that has initiated foreclosure proceedings usually will set the bid price at the loan amount.

Mautner - Glick Corp. v. Dime Savings Bank (232 A.D. 2d 235)- broker not entitled to commission where buyers introduced by broker elected not to sign sales contract and therefore were not ready, willing and able buyers; broker not entitled to commission where same buyers successfully bid for same property at a foreclosure sale the next day; broker bound by brokerage agreement signed by its agent; broker not entitled to commission where brokerage agreement conditioned entitlement to a commission upon the buyers» execution of an assignment agreement and the assignment actually being made where neither condition is fulfilled.

A Title Search can be the most important preparation you make when deciding which property to purchase at a county foreclosure auction, tax deed sale, even private auctions from HubZu.com and Auction.com require an independent lien search before placing your bid.

You might also want to try your hand at bidding for a foreclosure on the courthouse steps.

If the lender itself is the high bidder at the foreclosure sale and has a winning bid that's below the «true value» of the property, the lender can't pursue the full amount.

Bidding on a property at a foreclosure sale usually requires an all cash bid, by cashiers check which must be paid in full at the end of the auction.

Who is going to bid against you at foreclosure auctions?

Two other investors counter-bid a few times, but we won the bid and got our first house at the foreclosure auction.

The show is billed as «the ultimate house war,» and follows six teams of investors and real estate agents as they bid on foreclosures at the courthouse steps and then race to outdo one another in profits and speed to resale.

There is no list that shows the outstanding loan balance, either, at least until the bank makes their starting bids for the foreclosure sale.

The Department of Justice (DOJ) announced earlier this week that a group of Mississippi real estate investors plead guilty for their roles in a conspiracy to rig bids at public real estate foreclosure auctions.

«While the country faces unprecedented home foreclosure rates, the collusion taking place at these auctions is artificially driving down foreclosed home prices,» a government official says about a scam involving bid - rigging at public auctions.

Officials say that from 2008 to 2011, the eight investors conspired — or made payoffs — to not bid against each other for properties sold at foreclosure auctions.