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Alisa Obahor
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11
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Opinions needed regarding auction sales!

Alisa Obahor
Posted

Hello All!! Well, the time has come!! I've run out of excuses as to why I haven't invested yet. I'm now going all in. Question: Regarding sites like Auction.com or going to live auctions.... obviously due diligence is key ( ie...looking at the comps, driving by etc) but how can I do my due diligence regarding title? Do people do ( pay ) for title searches before bidding on a property? How would you go about it?

  • Alisa Obahor
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    Account Closed
    • Rental Property Investor
    • New Braunfels, TX
    408
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    • Rental Property Investor
    • New Braunfels, TX
    Replied
    Quote from @Alisa Obahor:

    Do people do ( pay ) for title searches before bidding on a property? 

    All those answers and no one answered your question😂 The answer for me is No, I don’t do title searches before bidding at auctions. I buy properties at the local courthouse either in a tax sale or a foreclosure sale every year. I fix them and keep them as rentals. 

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