Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Foreclosures
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 7 years ago on . Most recent reply

Account Closed
4
Votes |
7
Posts

COMMON SENSE AIN'T SO COMMON

Account Closed
Posted

Listen up Troops

Rule # 1 Never Risk one Dollar based on any advice, given on this or other online forums, regarding which liens are you responsible for, which get wiped out, how does Auction.com or any other online or in person foreclosure, process work.

Rule# 2 See rule #1

Only And I mean only Rely on an in Person Real estate attorney

Giving you in Writing clear direction in a Letter to you

Clarifying what exactly you are responsible for money wise

clearly stating if he is wrong by accident or by something he forget

or by a law that was just enacted hours before he wasn't aware of ANYTHING ,

He will INDEMNIFY (Compensate you for harm or loss) and HOLD YOU HARMLESS.

Do not act on any advice where Money is involved

 Your got from an online impersonal forum, chat room Brother-in-law 

Notice when you sign a Mortgage the thousands of words you agree to?

The Cover themselves AND SO SHOULD YOU

Chat - Forums are for entertainment like having a conversation at the beach or Bar

or offering Goods or Services

Otherwise  someone gets AN EXPERIENCE

what are they gonna say 

"HEY BUT THE REALTOR/LAWYER ON BIGGER POCKETS SAID---SO & SO"

And the definition of EXPERIENCE is

WHAT YOU GET WHEN YOU DON'T GET WHAT YOU WANT 

I respect that every one has good intentions ( the old saying is The road to hell was paved with good intentions)

So to be clear I am not looking to insult or put down any just to SAVE YOU with a COMMON SENSE WAKE UP CALL

Scroll the Postings, More Stories than Walt Disney, with and titles yet

They could have a *B.S -   *M.S. AND --A *PHD  & all  Meant Well but sometimes it turns out to stand for

(********* --*More of same--and *Piled high & deep)

A WORD TO THE WISE IS SUFFICIENT

For those who understand no further words are necessary

For those who don't no further words would Suffice

Most Popular Reply

User Stats

1,932
Posts
871
Votes
Ron S.#3 Foreclosures Contributor
  • Paradise, CA
871
Votes |
1,932
Posts
Ron S.#3 Foreclosures Contributor
  • Paradise, CA
Replied

Someone needs to adjust this guy's meds...just sayin.

Loading replies...