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Updated over 6 years ago on . Most recent reply

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Kieran Donahue
  • Investor
  • Yukon, OK
0
Votes |
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Looking for some advice on acquiring a piece of land with MH.

Kieran Donahue
  • Investor
  • Yukon, OK
Posted

I live in a community of mobile homes that are generally on 1 acre lots or larger.  Discovered neighbor is being foreclosed on and I'm guessing they have 30 days to vacate.  The 30 days are up on the 11th and the property is going on Auction.com.  I currently live in a mobile home but it is only a single wide.  This property is a double wide and about twice the square footage.  I would like to rent the property I am living in and move up to the double wide.  Is there a method to get this property at a wholesale price?  It supposedly sold for $115,000 3 years ago, but I believe it is going to sell for far less.  I read a few posts that bidding on Auction.com was a waste of time and there are no deals.  Do I just have to be patient until a realtor lists this property?  How would I find out more info?  It is owned by Loan Depot the bank.

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Katrina Lee
  • Foreclosure Specialist
  • Henderson, NV
3
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2
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Katrina Lee
  • Foreclosure Specialist
  • Henderson, NV
Replied

Hello Kieran. I am a Concierge Representative in Nevada & Arizona. Dan Rosenberger has the right answers for you regarding the online auction process. This particular property is exclusive to auction.com so you won't see it listed with a Realtor anytime soon. Pre-auction bidding is a great feature & allows you to bid prior to the online auction starting. The Seller will consider all bids during this time period. Pre-auction bidding will end 3 days prior to the start of the online auction. 

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