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Foreclosures

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Kyle H
  • Sarasota, FL
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26
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Foreclosure Auction : Narrowing Down Your List

Kyle H
  • Sarasota, FL
Posted Jan 2 2016, 17:49

Hello All, I am bidding on properties in Florida almost every day and looking for some insights to save some time. For those that are experienced you know that this is A LOT OF WORK! We get O&Es, drive the properties, look at comps and set a max bid prior to auction. So many of these properties are bid up over market value by the lender and/or cancelled the day of auction. Some auctions show the Plaintiffs max bid and others are hidden. If hidden we obviously do the due dilligence and bid.

ANY TIPS TO KNOWING THE LENDER IS GOING TO BUY THIS BACK REGARDLESS?
Tips on saving time in this process?

Thanks, Kyle

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