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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] State Differences Posted by SeanW on July 07, 2003 at 5:26 PM In Reply to: arizona auction posted by Tom on July 07, 2003 at 2:05 PM One thing I like about AZ and CA (and most states) is that when you win the bid, you are done. Sale over. N.C. and S.C allow "upset bids" for 10 days after the sale. After an upset bid is filed, a new 10 day window is open for any more upset bids. It's like trying to run up a waterwheel. You can never be comfortable with your deal, because there are investors who would rather watch the reports of sale, and upset... than slog it out at the courthouse on auction day. You can't put your research aside. Gotta keep planning alternatives, in case your deal is thwarted. (Oh well-- Ward says "bad is good"-- and perseverance is the key. I have already seen other people burn out on the amount of research it takes to compete in N.C. auctions.) Follow Ups: Post a Followup: Name : E-Mail : Subject : Comments: : One thing I like about AZ and CA (and most states) is that when you win the bid, you are done. Sale over. : N.C. and S.C allow "upset bids" for 10 days after the sale. After an upset bid is filed, a new 10 day window is open for any more upset bids. : It's like trying to run up a waterwheel. You can never be comfortable with your deal, because there are investors who would rather watch the reports of sale, and upset... than slog it out at the courthouse on auction day. You can't put your research aside. Gotta keep planning alternatives, in case your deal is thwarted. : (Oh well-- Ward says "bad is good"-- and perseverance is the key. I have already seen other people burn out on the amount of research it takes to compete in N.C. auctions.) 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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