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Updated almost 16 years ago on . Most recent reply

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Justin S.
  • Residential Real Estate Agent
  • Chandler, AZ
928
Votes |
1,748
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Foreclosure Auction Service

Justin S.
  • Residential Real Estate Agent
  • Chandler, AZ
Posted

Has anyone used a foreclosure auction service?

One was recommended to me by my title company. Here are the services they provide:

Daily list of foreclosure auctions
Drive reports and pictures
Title research - My title company does it and provides title insurance
They bid at auctions for me based on my maximum price

Their fee is $3000 per property I buy.

The reason I am interested is that some short sales never go through due to high BPOs and since I have walked the properties and typically have a buyer lined up, I have a good idea of what I should pay at auction and still make a profit. Turning what were dollar-less deals into a profit.

Any insights are appreciated.

Thanks

Most Popular Reply

User Stats

3,208
Posts
1,439
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Nick J.
  • Residential Real Estate Broker
  • Payson, AZ
1,439
Votes |
3,208
Posts
Nick J.
  • Residential Real Estate Broker
  • Payson, AZ
Replied

http://www.infoclosure.com

Hands down! and no I have no affiliation to them.

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