Hello reiclub thankx this site is great.I live in jersey and property is on a raise I would like to start with single family houses that are up for auction.what’s the best way to attain such property?? Thans again reiclub.
What kind of auction? In regaurds to General Real Estate Auctions… I spoke spoke to a gentleman that runs Real Estate Auctions and what he told me was this. 80% of the homes sells at market value, !0% sell under market value, and 10% Sell over market value. Generally at an auction the sell has the right to not accept the highest bidders “Offer Price.”
If you are speaking of sherif sales that is another story, but bring your checkbook.