Vestus Foreclosure Group
Hello BP
Anyone heard of Vestus. They seem to be a Foreclosure Group based here in the PNW. As a newbie, I am looking for various networking groups to connect with and see these guys pop up a lot @ Meetup.com. Is this group any good? Do they charge to be a member? Cant tell from their Website or Meetup pages. Any insight would be great.
Website: www.vestus.com
Meetup.com: Vestus - Kitsap County Foreclosure Investing
Thanks
Frank
Most Popular Reply
I don't know Vestus personally, just as a name. But I would assume they do business similar to John L Scott foreclosure group. In that case they will charge 3% of the purchase price or tax assessed value (whatever is greater) in case they bid for you on the foreclosure auction and won. Usually these groups meet once a week before the auction to go through the list of the properties going on the auction on Friday and discuss their projections, likes and dislikes of particular property.