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Foreclosure in 94518 : Real Estate Advice

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  • Local Info1
  • Home Buying7
  • Home Selling4
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Activity 3
Sat May 18, 2013
Ron Thomas answered:
Wed Apr 13, 2011
Kamal Randhawa answered:
Hello Monica,

You can sign up for various auction sites, I'm registered with auction.com which is very user friendly. I can take you to one of their auctions to give you a feeling of what its all about.

The other auctions you can go to are the courthouse auctions, as a new buyer, it will be very difficult for you to bid here as you'll be going up against seasoned investors with a lot of cash in their pockets.
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Tue Apr 12, 2011
answered:
Monica that's dangerous waters. Usually all cash. I read one thread that was posted on Trulia where the buyer thought he bought a million dollar home for $370k and it turned out he bought the 2nd lien which is worthless.

Theres tons of things you need to know to make a wise purchase. And, if the property is priced right the pros will out bid you or sucker you into a bad deal. Be careful. Better than that, just forget this.

Happy funding, Rudi
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