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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Agents and Trustee sales Posted by Shirley M on May 30, 2003 at 8:50 PM Hi Ward and company, I am a newbie when it comes to investing. This site is an oasis amid a dearth of quality RE info on the net and I'm glad to have found it. My question regards trustee sales and agents. I am interested in purchasing bargain properties at trustee sales in So Cal. My real estate agent/broker, who is also the owner of the agency, says she has a lot of experience buying at trustee sales. She says she can find me properties to bid on and will charge me a commission upon my purchase of a property. If I want to flip by reselling through her, she'll charge a reduced commission. I am assuming that she has a good relationship with a title company and will get free title reports. Should I rely on her professional expertise and experience to invest in this risky area of foreclosures? It sounds like a good idea, but as a rank beginner, I am not sure. Is this normal for agents to do? (I thought that agents generally stayed away from trustee sales.) If I decide to go with her, and let her do all the legwork of finding good investment properties, is there anything I should look out for? If she finds good opportunities, I plan to at least double-check them to make sure they are sound investments. Any thoughts on this would be greatly appreciated. Follow Ups: Wait it out or work it out... Ward-CA- 0:05 AM, 05/31/03 (2) PRices? Freddy 12:40 AM, 06/01/03 (1) What would you bet on a prediction?? Ward-CA- 2:54 PM, 06/01/03 (0) Post a Followup: Name : E-Mail : Subject : Comments: : Hi Ward and company, : I am a newbie when it comes to investing. This site is an oasis amid a dearth of quality RE info on the net and I'm glad to have found it. : My question regards trustee sales and agents. I am interested in purchasing bargain properties at trustee sales in So Cal. My real estate agent/broker, who is also the owner of the agency, says she has a lot of experience buying at trustee sales. She says she can find me properties to bid on and will charge me a commission upon my purchase of a property. If I want to flip by reselling through her, she'll charge a reduced commission. : I am assuming that she has a good relationship with a title company and will get free title reports. : Should I rely on her professional expertise and experience to invest in this risky area of foreclosures? It sounds like a good idea, but as a rank beginner, I am not sure. Is this normal for agents to do? (I thought that agents generally stayed away from trustee sales.) : If I decide to go with her, and let her do all the legwork of finding good investment properties, is there anything I should look out for? If she finds good opportunities, I plan to at least double-check them to make sure they are sound investments. : Any thoughts on this would be greatly appreciated. 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

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