Sheriff sale question - bid

[Ron Singh]

Hello i have question on how do i know what would be starting bid at the sheriff sale ?

I checked with the owner about the pay off amount prior to auction date and he found it was 208k. But after auction the property was sold for 160k. Do you know how it works ? Is there anyway I can predict or find out the starting g bid ahead of time ?

also i have another question on how can i practice title search by my own, i have access to land records online in my county but i need someone else's opinion to decide what i see is looks good to move ahead. if anyone of you can help me with may be 1-2 properties title search would be great help. 

[Josh Gregory]

We buy a lot of houses at the sheriff sale… Sometimes it is predictable based on the judgment amount, but sometimes there is no rhyme or reason! That being said, we are almost always there because you have to be there to get the deals when they do come up. If you are looking for a certain property, that is one thing, but if you are in it as a business you have to treat it like a business and look at anything you would be willing to take on.