Buying at the courthouse steps and financing later

[UCGal]

[quote=george]I’ve come across real estate auctions on the internet where after winning (and paying a large non-refundable deposit)you have 30-45 days to pay the balance owing. Does this ever happen at auction houses or on the court house steps in San Diego?[/quote]

Don’t know about auction houses – but court house steps is all cash on the spot.

[TexasLine]

So a pre-approval from a bank will in no way work? What about a Bank Rep working on your behalf. And our bubble-info friend types, work only with those people with 100% funds in the bank.?

Been wondering this for awhile…take it easy on the new guy ok? I’m just trying to get prepared for the coming months, with as much info as I can herd together.

Sorry for the slight thread jack.

[TexasLine]

So a pre-approval from a bank will in no way work? What about a Bank Rep working on your behalf. And our bubble-info friend types, work only with those people with 100% funds in the bank.?

Been wondering this for awhile…take it easy on the new guy ok? I’m just trying to get prepared for the coming months, with as much info as I can herd together.

Sorry for the slight thread jack.

[TexasLine]

So a pre-approval from a bank will in no way work? What about a Bank Rep working on your behalf. And our bubble-info friend types, work only with those people with 100% funds in the bank.?

Been wondering this for awhile…take it easy on the new guy ok? I’m just trying to get prepared for the coming months, with as much info as I can herd together.

Sorry for the slight thread jack.

[TexasLine]

So a pre-approval from a bank will in no way work? What about a Bank Rep working on your behalf. And our bubble-info friend types, work only with those people with 100% funds in the bank.?

Been wondering this for awhile…take it easy on the new guy ok? I’m just trying to get prepared for the coming months, with as much info as I can herd together.

Sorry for the slight thread jack.

[TexasLine]

So a pre-approval from a bank will in no way work? What about a Bank Rep working on your behalf. And our bubble-info friend types, work only with those people with 100% funds in the bank.?

Been wondering this for awhile…take it easy on the new guy ok? I’m just trying to get prepared for the coming months, with as much info as I can herd together.

Sorry for the slight thread jack.

[patb]

[quote=TexasLine]So a pre-approval from a bank will in no way work? What about a Bank Rep working on your behalf. And our bubble-info friend types, work only with those people with 100% funds in the bank.?

Been wondering this for awhile…take it easy on the new guy ok? I’m just trying to get prepared for the coming months, with as much info as I can herd together.

Sorry for the slight thread jack.[/quote]

nah you need a couple of cashiers checks and
i think they’ll let you do a personal check for a little amount say 10%, but, you should go attend a few auctions, ask the auctioneer what they do.

it depends upon the state.

I think back in illinois you needed certified funds for 10% and you had 72 hours to get all funds to the title holder.

still way to short for any bank process.

[patb]

[quote=TexasLine]So a pre-approval from a bank will in no way work? What about a Bank Rep working on your behalf. And our bubble-info friend types, work only with those people with 100% funds in the bank.?

Been wondering this for awhile…take it easy on the new guy ok? I’m just trying to get prepared for the coming months, with as much info as I can herd together.

Sorry for the slight thread jack.[/quote]

nah you need a couple of cashiers checks and
i think they’ll let you do a personal check for a little amount say 10%, but, you should go attend a few auctions, ask the auctioneer what they do.

it depends upon the state.

I think back in illinois you needed certified funds for 10% and you had 72 hours to get all funds to the title holder.

still way to short for any bank process.

[patb]

[quote=TexasLine]So a pre-approval from a bank will in no way work? What about a Bank Rep working on your behalf. And our bubble-info friend types, work only with those people with 100% funds in the bank.?

Been wondering this for awhile…take it easy on the new guy ok? I’m just trying to get prepared for the coming months, with as much info as I can herd together.

Sorry for the slight thread jack.[/quote]

nah you need a couple of cashiers checks and
i think they’ll let you do a personal check for a little amount say 10%, but, you should go attend a few auctions, ask the auctioneer what they do.

it depends upon the state.

I think back in illinois you needed certified funds for 10% and you had 72 hours to get all funds to the title holder.

still way to short for any bank process.

[patb]

[quote=TexasLine]So a pre-approval from a bank will in no way work? What about a Bank Rep working on your behalf. And our bubble-info friend types, work only with those people with 100% funds in the bank.?

Been wondering this for awhile…take it easy on the new guy ok? I’m just trying to get prepared for the coming months, with as much info as I can herd together.

Sorry for the slight thread jack.[/quote]

nah you need a couple of cashiers checks and
i think they’ll let you do a personal check for a little amount say 10%, but, you should go attend a few auctions, ask the auctioneer what they do.

it depends upon the state.

I think back in illinois you needed certified funds for 10% and you had 72 hours to get all funds to the title holder.

still way to short for any bank process.

[patb]

[quote=TexasLine]So a pre-approval from a bank will in no way work? What about a Bank Rep working on your behalf. And our bubble-info friend types, work only with those people with 100% funds in the bank.?

Been wondering this for awhile…take it easy on the new guy ok? I’m just trying to get prepared for the coming months, with as much info as I can herd together.

Sorry for the slight thread jack.[/quote]

nah you need a couple of cashiers checks and
i think they’ll let you do a personal check for a little amount say 10%, but, you should go attend a few auctions, ask the auctioneer what they do.

it depends upon the state.

I think back in illinois you needed certified funds for 10% and you had 72 hours to get all funds to the title holder.

still way to short for any bank process.

[moneymaker]

Yes I believe they do it that way in Arizona too. Not here though, 100% cash. It does boggle my mind that so many people have that kind of money. Then again perhaps they are business ventures. If that is the case then I suspect the ones buying properties 2-3 years ago are now bankrupt.

[moneymaker]

Yes I believe they do it that way in Arizona too. Not here though, 100% cash. It does boggle my mind that so many people have that kind of money. Then again perhaps they are business ventures. If that is the case then I suspect the ones buying properties 2-3 years ago are now bankrupt.

[moneymaker]

Yes I believe they do it that way in Arizona too. Not here though, 100% cash. It does boggle my mind that so many people have that kind of money. Then again perhaps they are business ventures. If that is the case then I suspect the ones buying properties 2-3 years ago are now bankrupt.

[moneymaker]

Yes I believe they do it that way in Arizona too. Not here though, 100% cash. It does boggle my mind that so many people have that kind of money. Then again perhaps they are business ventures. If that is the case then I suspect the ones buying properties 2-3 years ago are now bankrupt.

[Author]

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