InnoVest Resource Management's Foreclosure Forum

Home Discussion Board "Hands-On" Training Title Holding Trust Speaking Schedule Store Foreclosure Codes 50 State Resource Data Foreclosure Glossary Foreclosure Statistics 60+ Yrs Interest Rates Fillable Forms Archived Articles Dingbat Retirement Plan Links Contact / Map Home

[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Re: I felt your pain.... Posted by broker on June 27, 2003 at 3:37 PM In Reply to: I felt your pain.... posted by SeanW on June 27, 2003 at 3:01 PM : ...and left CA! (Although Ward has said the smaller CA counties still have potential.) : I was at the sale in Mecklenburg county, NC today. A lender decided to drop 40K off what they were owed. I didn't have a check ready-- but the investor to my left scooped it right up! That house sold for 50% of it's after-repair value. : That teaches me a lesson. Always have a check with you at the sale, if you are in any position to buy. You just might be there at the right moment. : Seriously, guys. Go where the deals are. Door knock... Or Move... But don't torment yourself, watching newbies overbid at the sale. These are not new people buying, they are large companies that have been in the market for many years. I wouldnt want to move out of LA just so I could buy more homes, I'd rather try a different avenue within real estate. Follow Ups: Post a Followup: Name : E-Mail : Subject : Comments: : : ...and left CA! (Although Ward has said the smaller CA counties still have potential.) : : I was at the sale in Mecklenburg county, NC today. A lender decided to drop 40K off what they were owed. I didn't have a check ready-- but the investor to my left scooped it right up! That house sold for 50% of it's after-repair value. : : That teaches me a lesson. Always have a check with you at the sale, if you are in any position to buy. You just might be there at the right moment. : : Seriously, guys. Go where the deals are. Door knock... Or Move... But don't torment yourself, watching newbies overbid at the sale. : These are not new people buying, they are large companies that have been in the market for many years. I wouldnt want to move out of LA just so I could buy more homes, I'd rather try a different avenue within real estate. 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

Information provided by this website is for informational purposes only and is not a substitute for professional advice. Please consult your investment advisor and/or attorney before entering into any transaction.

Copyright © 1997-2003, InnoVest Resource Management
http://www.foreclosureforum.com

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