31 Dartmouth is scheduled for 8/24/09 with an NOD for $6,434 which recorded on 2/5/09 with 1 postponement.
31832 Via Coyote is scheduled for 8/24/09 with an NOD for $15,728 which recorded on 6/23/08, ( that is 14months ago ), with 2 postponements.
3 Endicott is scheduled for 8/24/09 with an NOD for $71,466 which recorded on 12/17/08 with 3 postponements.
1 Laurelgate is scheduled for 8/26/09 for a NTS from what I think is the 2nd or 3rd mortgage holder. A NOD was recently recorded on 7/31/09 for an amount of $133,782. Wow! My guess is that the holder of the second will not go to auction and there have been 2 postponements on that NTS.
49 Charleston is scheduled for 8/26/09 with a NOD for $19,671 which recorded on 6/24/09 with 1 postponement.
6 Panorama is scheduled for 8/27/09 with a NOD for $33,502 which recorded on 1/16/09 with 7 postponements. Yup, that is 7.
relune
August 23rd, 2009
What would someone do if they wanted to bid on one of these houses?
cdcrez
August 23rd, 2009
Show up with a cashier’s check at the courthouse steps at the auction date and time.
Bid.
That may sound flippant, but that is exactly what someones do who bid.
Personally, I would take a friend with me who is experienced at bidding at foreclosure auctions.
If you are serious, I know a hired gun to help with the process.
I have not been to an auction, but my friend/hired gun tells me the bidding takes about five seconds or less, so you have to be ready.
relune
August 24th, 2009
I would love to get some advice. Offline I would be happy to provide my contact details–what is the best way to reach out?
cdcrez
August 24th, 2009
Eamil me at cdcrez@cox.net
steve widner
August 24th, 2009
Tons of investors buying the foreclosed properties up to resell, better off putting out the net for a short sale. Takes time but bank does wait for procedure.
cdcrez
August 24th, 2009
Investors are buying some of the props at auction, but anyone else can bid also, and the investors have no advantage over anyone else in bidding. I have seen some regular folks get some great deals buying at auction. Short sales are ok, but cash at auction is king for getting the best price and buying at auction is buying with no added commission costs. Of course, real estate agents like to talk down buying at auction, because they do not make any money off an auction deal.