Placing a bid at Hubzu website

[Maybelle Francisco]

Hi BP Family - I'm looking into placing a bid on a Hubzu property. I already created my profile in the Hubzu website and my realtor was wiling to submit my bid for me (apparently, I cannot submit a bid myself instead a realtor on behalf of me). But part of me feel reluctant to a bid because of the horror stories I've read online about Hubzu. If anyone had experience with Hubzu, please feel free to share. Thank you! 

[Ron H.]

Son won an option on hubzu house.  Auction listing specifically said financing was an option. He had prequalified with a bank ahead of time who ensured less than 3 week close (small very rural bank).  Hubzu canceled sale saying cash only.  Talked to actual sellers [reo] who said they had no problem with non cash sale.  Hubzu still said no deal and relisted  house.

Not sure why your agent thinks you must have an agent bidding on hubzu. I've always done my own bidding (haven't had a high bid accepted).  I do enter my agents number on account but only so she can get a small cut.  This is not necessary unless they recently changed policy.