Sheriff Sale Tips – What Am I Bidding On?
Just like most investors you are looking for the best real estate deal that you can find. In order to do this you have to look at all real estate marketplaces. I have found that in my experience the real estate market place that has the most confusion is the sheriff sale. There is not a lot of information on the sheriff sale and it can be pretty frustrating to a investor who is just starting out. I wrote this article to clear up a few concerns that a new investor may have. My experiences may help guide you in the right direction or at least identify the right questions to ask when you start to look into sheriff sales. You are bidding on foreclosed property that went through the whole foreclosure process and it is now available for auction at the courthouse. The properties that you are bidding on have usually taken some time before the foreclosure process is complete. That means that most properties have been vacant and depending on the area may or may not have been winterized. In a lot
