GREAT have agent represent you HOWEVER still if you can't risk the money auctions are not place to be.
Direct Link to auction tips http://www.lynn911.com/Web/AR287090/CustomContent/index/5009853
Lynn911 Dallas Realtor & Consultant, Loan Officer, Credit Repair Advisor
The Michael Group - Dallas Business Journal Top Ranked Realtors
I believe thay charge about $10,000 to secure a property for you.
Again, as others have posted. This is not something recommended for new investors. You need to make sure you do your research, because you don't get to inspect the property before you buy.
You will find some more good information for buying homes in San Diego on my blog, For San Diego Home Buyers, at http://globella.com/blog.
All the best,
Exclusive Buyer Broker, President
Globella Buyers Realty
San Diego, CA
DRE License #01714813
It's very simple, but you need to know the rules. Titles are usually assured at the sales, but you should still get title insurance, as far as it goes in California.
Decide how and how much you are going to pay this person (the consultant). Also, can you trust that this person will be there to bid for you and not against you?
Can you contact me about private funding if you are interested in ROI of 10+% interest or be a partner with some of our deals? No obligation. Not intending to solicit, but I thought I should ask since I have investors who need cash and I just happen to think of them, at this hour. :)
Make sure that whoever it is that you choose to take does another title check right before the auction. They should have a contact they can call from the auction site to check one last time before the sale. This is key
Another important item to check is taxes owed on the property. If a person has not been making mortgage payments, it is also likely that he has not been paying property taxes either. It is important to visit the county assessorâ€™s website to verify whether the taxes are current, because any back taxes will need to be cured by the new owner.
Often times a visit to the subject property can reveal more than any database or website. There all kinds of considerations here: Have the owners vacated or are they still inside? Are there non-working vehicles, boats, debris that will need to be hauled-away?
Trustee sales are risky and come with problems like tenants that need to be evicted, vandalism etc.
You can send me the address and I will run it through my title rep if you wish.