Posted by Kathie E. on October 19, 1999 at 22:39:40:
Great advice! And, Ray from Ohio has a bit more to add to this over at News Group I’s board…
http://www.creonline.com/wwwboard/messages/44829.html…
hmmm…a crowbar? Well…if it WORKS!! hahaha
Take care,
Kathie E.
Protection When Buying Foreclosuers - Posted by Frank
Posted by Frank on October 19, 1999 at 17:11:35:
Properties in my area that are offered at auction as foreclosures are never open for inspection prior to the auction. How do people buy these without knowing what they’re getting? They could walk in and find the house completely gutted. I live in an expensive area (Chicago) and I believe my best chance at obtaining real estate is through distressed properties. Any advice on how you can protect yourself and feel confident about what your buying at auction?
Self-Insurance - Posted by MN~Chicago
Posted by MN~Chicago on October 19, 1999 at 21:25:32:
Frank:
Most of the buyers at the auctions are
professionals. They have done their
homework. They know values, areas,
comps, etc, and they also know their
limits.
Do your homework. Know your area.
It’s that simple, but not necessarily
that easy.