InnoVest Resource Management's Foreclosure Forum

Discussion Board Foreclosure Training Title Holding Trust Speaking Schedule Foreclosure Codes 50 State Foreclosure Basics Foreclosure Glossary 60+ Yrs Interest Rates News & Trends FAQ Dingbat Retirement Plan Links Contact / Map Home

[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Re: The concept is: Posted by Jim V on September 20, 2001 at 1:39 AM In Reply to: HEY WARD posted by Larry on September 19, 2001 at 10:30 PM If a bidder is willing to bid so strongly that they will take the bid up to very close to retail value yet not end up being the final bidder, they have effectively put the competition in a position of putting their funds in a property where they will have no effective return. If the competition does that enough times, why will they continue? Not a bad strategy, but not for the faint of heart. BTW, I have no connection to Mr. Metcalf, I just find the strategy interesting. Follow Ups: Re: The concept is: trel 4:17 PM, 09/26/01 (0) Post a Followup: Name : E-Mail : Subject : Comments: : If a bidder is willing to bid so strongly that they will take the bid up to very close to retail value yet not end up being the final bidder, they have effectively put the competition in a position of putting their funds in a property where they will have no effective return. If the competition does that enough times, why will they continue? Not a bad strategy, but not for the faint of heart. BTW, I have no connection to Mr. Metcalf, I just find the strategy interesting. Optional Link URL: Link Title: Optional Image URL: [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

Copyright © 1997-2001, InnoVest Resource Management

InnoVest Resource Management, 4569-A Mission Gorge Place, San Diego CA 92120-4112
(619) 283-5444, Fax (619) 283-5455