Where can I do my due diligence on a house that's listed for the sherrif sale.
Also what should I be looking for?
Do you need to pay the whole thing in cash right away at the court house or you have a couple of days?
On Zillow the price is incredible! But how would I know how much the upset bid will be?
What other fees can be thrown at me?
Thanks, any info would be great.
All the rules should be listed on the website for the county sheriff. Otherwise stop by the county sheriff's office and ask-away. You'll need to contact a local title insurance company, pay for a title search, and go through it with them to understand all outstanding liens to make sure they are all included in the foreclosure documents (i.e. the foreclosing attorney didn't miss one). Then go bid on the property.
When you say the Zillow price is incredible, are you referring to what Zillow estimates as the value? If so, please do a LOT more research on comps. I would never trust the Zillow estimates. The sheriff's office can provide you with the upset price. I am surprised they don't have that in the listings on their website/in their printout of upcoming auctions.