[SD Realtor]

Hi UCG –

There is a corollary there. The earlier the opening bids that are published, the more opportunity for people to research, scope the home, etc… Still even the opening bids that are published day of the auction get researched some. Most of the bigger players at the auctions have a decent network. They have a guy placing the bid at the courthouse, he is usually talking realtime to someone at a central office who can also do the title checks. There is usually a another scout driving around to eyeball the property to at least check out the external condition. So the more professional organizations are well prepared to deal with the late opening bids. However alot of the scrappers are not gonna bid because they didnt prepare sufficiently.

As far as postponement, I have never looked statistically at how many opening bids ended up getting postponed. Your theory may carry water but I know for a fact that those with opening bids have gotten postponed before. We have literally been on our way to the auction and have seen postponements of opening bid established homes. In general it “APPEARS” to me that when there is no opening bid, that usually signifies a bk, however what do I know?

Keep doing your research and you will learn valuable experience. I would advise that you try to log your data so you can look back on it because the fidelity window is only 7 days in reverse.

[SD Realtor]

Hi UCG –

There is a corollary there. The earlier the opening bids that are published, the more opportunity for people to research, scope the home, etc… Still even the opening bids that are published day of the auction get researched some. Most of the bigger players at the auctions have a decent network. They have a guy placing the bid at the courthouse, he is usually talking realtime to someone at a central office who can also do the title checks. There is usually a another scout driving around to eyeball the property to at least check out the external condition. So the more professional organizations are well prepared to deal with the late opening bids. However alot of the scrappers are not gonna bid because they didnt prepare sufficiently.

As far as postponement, I have never looked statistically at how many opening bids ended up getting postponed. Your theory may carry water but I know for a fact that those with opening bids have gotten postponed before. We have literally been on our way to the auction and have seen postponements of opening bid established homes. In general it “APPEARS” to me that when there is no opening bid, that usually signifies a bk, however what do I know?

Keep doing your research and you will learn valuable experience. I would advise that you try to log your data so you can look back on it because the fidelity window is only 7 days in reverse.

[SD Realtor]

Hi UCG –

There is a corollary there. The earlier the opening bids that are published, the more opportunity for people to research, scope the home, etc… Still even the opening bids that are published day of the auction get researched some. Most of the bigger players at the auctions have a decent network. They have a guy placing the bid at the courthouse, he is usually talking realtime to someone at a central office who can also do the title checks. There is usually a another scout driving around to eyeball the property to at least check out the external condition. So the more professional organizations are well prepared to deal with the late opening bids. However alot of the scrappers are not gonna bid because they didnt prepare sufficiently.

As far as postponement, I have never looked statistically at how many opening bids ended up getting postponed. Your theory may carry water but I know for a fact that those with opening bids have gotten postponed before. We have literally been on our way to the auction and have seen postponements of opening bid established homes. In general it “APPEARS” to me that when there is no opening bid, that usually signifies a bk, however what do I know?

Keep doing your research and you will learn valuable experience. I would advise that you try to log your data so you can look back on it because the fidelity window is only 7 days in reverse.

[SD Realtor]

Hi UCG –

There is a corollary there. The earlier the opening bids that are published, the more opportunity for people to research, scope the home, etc… Still even the opening bids that are published day of the auction get researched some. Most of the bigger players at the auctions have a decent network. They have a guy placing the bid at the courthouse, he is usually talking realtime to someone at a central office who can also do the title checks. There is usually a another scout driving around to eyeball the property to at least check out the external condition. So the more professional organizations are well prepared to deal with the late opening bids. However alot of the scrappers are not gonna bid because they didnt prepare sufficiently.

As far as postponement, I have never looked statistically at how many opening bids ended up getting postponed. Your theory may carry water but I know for a fact that those with opening bids have gotten postponed before. We have literally been on our way to the auction and have seen postponements of opening bid established homes. In general it “APPEARS” to me that when there is no opening bid, that usually signifies a bk, however what do I know?

Keep doing your research and you will learn valuable experience. I would advise that you try to log your data so you can look back on it because the fidelity window is only 7 days in reverse.

[SD Realtor]

The property was in decent condition and was swarmed because of the second lot behind the backyard. The second lot is owned by the shopping center below. Kind of funky inside but I have seen much worse.

Glad to hear you are doing well and that you are enjoying your family.

[SD Realtor]

The property was in decent condition and was swarmed because of the second lot behind the backyard. The second lot is owned by the shopping center below. Kind of funky inside but I have seen much worse.

Glad to hear you are doing well and that you are enjoying your family.

[SD Realtor]

The property was in decent condition and was swarmed because of the second lot behind the backyard. The second lot is owned by the shopping center below. Kind of funky inside but I have seen much worse.

Glad to hear you are doing well and that you are enjoying your family.

[SD Realtor]

The property was in decent condition and was swarmed because of the second lot behind the backyard. The second lot is owned by the shopping center below. Kind of funky inside but I have seen much worse.

Glad to hear you are doing well and that you are enjoying your family.

[SD Realtor]

The property was in decent condition and was swarmed because of the second lot behind the backyard. The second lot is owned by the shopping center below. Kind of funky inside but I have seen much worse.

Glad to hear you are doing well and that you are enjoying your family.

[SD Realtor]

UCG

Fidelity is a very updated site. As the opening bids get set they are sent to fidelity pretty much real time. Many times the opening bids do not get set until the day of the auction and in some cases not until after the auction begins. Actually those are the best opportunities because many people will hold off researching properties without an opening bid.

So when the trustee gets the opening bid they put it on fidelity pretty darn quick. If fidelity doesnt have it up yet it is mostly because it has not been set yet.

So to anyone reading, you can set up a free account at http://www.fidelityasap.com and get very realtime auction information including postponements and all that fun stuff you see being posted.

[SD Realtor]

UCG

Fidelity is a very updated site. As the opening bids get set they are sent to fidelity pretty much real time. Many times the opening bids do not get set until the day of the auction and in some cases not until after the auction begins. Actually those are the best opportunities because many people will hold off researching properties without an opening bid.

So when the trustee gets the opening bid they put it on fidelity pretty darn quick. If fidelity doesnt have it up yet it is mostly because it has not been set yet.

So to anyone reading, you can set up a free account at http://www.fidelityasap.com and get very realtime auction information including postponements and all that fun stuff you see being posted.

[SD Realtor]

UCG

Fidelity is a very updated site. As the opening bids get set they are sent to fidelity pretty much real time. Many times the opening bids do not get set until the day of the auction and in some cases not until after the auction begins. Actually those are the best opportunities because many people will hold off researching properties without an opening bid.

So when the trustee gets the opening bid they put it on fidelity pretty darn quick. If fidelity doesnt have it up yet it is mostly because it has not been set yet.

So to anyone reading, you can set up a free account at http://www.fidelityasap.com and get very realtime auction information including postponements and all that fun stuff you see being posted.

[SD Realtor]

UCG

Fidelity is a very updated site. As the opening bids get set they are sent to fidelity pretty much real time. Many times the opening bids do not get set until the day of the auction and in some cases not until after the auction begins. Actually those are the best opportunities because many people will hold off researching properties without an opening bid.

So when the trustee gets the opening bid they put it on fidelity pretty darn quick. If fidelity doesnt have it up yet it is mostly because it has not been set yet.

So to anyone reading, you can set up a free account at http://www.fidelityasap.com and get very realtime auction information including postponements and all that fun stuff you see being posted.

[SD Realtor]

UCG

Fidelity is a very updated site. As the opening bids get set they are sent to fidelity pretty much real time. Many times the opening bids do not get set until the day of the auction and in some cases not until after the auction begins. Actually those are the best opportunities because many people will hold off researching properties without an opening bid.

So when the trustee gets the opening bid they put it on fidelity pretty darn quick. If fidelity doesnt have it up yet it is mostly because it has not been set yet.

So to anyone reading, you can set up a free account at http://www.fidelityasap.com and get very realtime auction information including postponements and all that fun stuff you see being posted.

[SD Realtor]

Yep we did jp. We closed yesterday and recorded today.

sdr – Saying it is highly unlikely to work and it cannot work are two different animals. What I find is that with most things in life people simply do not have the time or energy to accomplish getting a property at trustee sale. So it is unlikely to work because of the effort needed by the buyer not because of other factors.

I believe that yes it absolutely can be done. However the amount of time and work is not understood by those who have not actually done it.

[Author]

Posts