All Forum Posts by: Dave Jimenez

Thanks for all the replies. The property is in Hawaii. The house has a high bid of under $400k and there are 2 other houses for sale on the street for $549k and $599k. It's bank owned.

If i'm the high bidder in a foreclosure auction, but don't have financing already set up, how do I buy this house I know I can get $100k to $150k under ARV? Does anyone know an investor on the Big Island?

Sounds awesome. How did you get into that?

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If i'm the high bidder in a foreclosure auction, but don't have financing already set up, how do I buy this house I know I can get $100k to $150k under ARV?

It's not listed by an agent. It's listed on the MLS through owners.com. Does that change my approach?

Ok. So I can't just call the bank directly and place a bid?

How do I even begin to make an offer on a bank owned foreclosure? Do I need to go through a realtor? Contact the bank directly? Or what? It is listed in the MLS.

Anyone?

Should I just tell my real estate agent about this? Or do I try knocking on the door? (There is a car parked there every day)