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 […]
How To Survive A Bidding War
February 25, 2013 by
One of the biggest real estate stories nationwide is the lack of inventory in the housing market. The number of homes listed for sale continues to steadily decline to levels not seen in years, with strong contract activity pushing supply even lower. That means increased competition for home buyers, and in many cases, bidding wars.
FHFA Announces Two Winning Bidders, With Plans To Continue Bulk REO Sales
October 16, 2012 by
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
September 7, 2012 by
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
July 5, 2011 by
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 […]
