please don't rush in any autions you don't understand..

different state has different rules regarding to foreclosure sale, tax sale, tax deed sale, sheriff sale and estate auction, you need to learn and understand all the procedure before bidding, usually foreclosure and sheriff sale are non redeemable, and tax and tax deed sale the owner has up to 5 years to redeem the property.

REO are bank own properties back on the market, you may want to find a local agent that knows the inside out and let them know what you looking for and have cash on hand, so they can let you peek the REO list before it hit the market.

所有跟帖： 

• I agree that trustee auction is very risky. You may -miat42- ♂ (495 bytes) () 06/06/2008 postreply 10:49:08

• I agree too, but.. -sourbaby- ♀ (547 bytes) () 06/06/2008 postreply 11:12:35

• No, preforeclosure stage is not good for you -miat42- ♂ (309 bytes) () 06/06/2008 postreply 11:29:29

• yes, probably REO is the best choice -sourbaby- ♀ (365 bytes) () 06/06/2008 postreply 11:42:32

• no days you can buy REO cheaper than aution -jy101- ♂ (233 bytes) () 06/06/2008 postreply 17:37:08