Who should invest in trustee sale auction foreclosures?
Experienced investors and the well informed can realize tremendous profits and upside by buying at auction. Here’s a summary of who trustee’s sale are for: 1. Buyers who are comfortable buying full cash in a fast paced environment because they are good at evaluating opportunity and risk and can pull the trigger to capitalize when the time is right. 2. Buyers who understand the ambiguous nature of trustee’s sale and understand they cannot control ever detail of the sale. They are value investors focused on returns, not on specific minutia. 3. Buyers who know how to assess and leverage the skills and knowlege of real estate professionals they are employing to help them capture undervalued assets. 4. Buyers who are comfortable moving large sums of money around through real estate brokerage accounts they do not control. It could take weeks of bidding to get the property you want, but the funds have to be available and prepared to pay every day in case you are the winning bidder. 5. Buyers
