Are these houses on W&W free from any defects or clouds on the title? Any loans or taxes that need to be settled? What kind of title can we expect?
I am currently bidding on a house on-line and am skeptical of W&W but then again I also was of another online auction company that I currently do favor.
This house I am bidding on is owned by US Bank and noticed that someone is bidding against me with the username of 'taxcutter' and notice that this "person" is also bidding on properties throughout the country. Is this individual bidding up the price for the bank, W&W, or a wholesaler?
I'd hate to have my low-ball offer accepted and then find out that there is much involved with getting a marketable title.
@Stanley Crawford maybe my bid isn't as low-ball as I thought since you got yours for $3500 and $6000.
Any help with what to expect would greatly be appreciated.