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Updated almost 7 years ago on . Most recent reply

User Stats

20
Posts
16
Votes
Luckisha J.
  • Flipper/Rehabber
  • Brooklyn NY
16
Votes |
20
Posts

How to check and leins before the auction

Luckisha J.
  • Flipper/Rehabber
  • Brooklyn NY
Posted

How to check and liens on property you are purchasing on an online auction before the auction date? I want to bid on a property but not knowing how to check prior debt make me very nervous. What can I do to be more prepared?

Most Popular Reply

User Stats

16
Posts
14
Votes
Ronald Davis
  • Rental Property Investor
  • Baltimore, MD; Real Estate Professional
14
Votes |
16
Posts
Ronald Davis
  • Rental Property Investor
  • Baltimore, MD; Real Estate Professional
Replied

I agreed with Ned - drive-by is a must before bidding on any property in large cities to determine the condition of the city block of the property and nearby blocks - looking for boarded-ups and number rentals in the area that will help or break the fix and flip sale value. If you're not from Baltimore or any other city then consider visiting it to do a drive-by or hire or partner with someone from the area you are looking at to do the legwork for you.

  • Ronald Davis
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