The real estate market is doing some weird and wonderful things in light of the pandemic. Many areas are experiencing an aggressive sellers’ market, unlike any they’ve experienced before. This occurrence puts many sellers in the prime position of navigating a bidding war. If you’re selling your home, you may be wondering how a bidding
How To Create a Financed Offer that Wins Bidding Wars
If you’ve bought a home recently, you probably participated in a bidding war. Bidding wars are a reality in virtually all real estate markets today as there is high demand for properties and low inventory everywhere. Consider this situation: Mark (40) and Nina (35) found themselves in a bidding war in Charlotte, NC. Expecting their
FHFA Announces Two Winning Bidders, With Plans To Continue Bulk REO Sales
FHFA has released some information concerning the results of the bidding for bulk sales of Fannie Mae owned properties. The qualifying process began in the spring, for investment groups that could meet specific FHFA guidelines for capital assets, management capability and other criteria.
Unorthodox Profits From Tax Liens
Sometimes to make money in real estate you have to go against the flow. One of the unorthodox and advanced strategies I employ involves bidding on tax liens that most people won’t understand, but which I’m about to explain to you now.
Bid-Rigging Investors Plead Guilty To Fixing Foreclosure Auctions
Eight real estate investors in California have agreed to make guilty pleas in relation to a scam where they rigged the bidding in auctions on foreclosed properties in San Francisco, say federal officials. Prosecutors claim that the investors operated their scheme for a three year period up until early 2011, agreeing not to bid against each