I mentioned recently that I am venturing into starting my own business investing in real estate. We found a HUD foreclosure and
participated in an auction this week on this house:
This is NOT the house but similar to it. (the forcelosure more rundown) I was going to post a real picture but they removed it when the auction closed.
You have to meet qualifications and submit a serious offer and they process everyone's bids on a specific date. They announce the winning bid online and you move forward from there. The bid I submitted ended up being the second highest bid and I lost out on this house by $1,600.00.
I wasn't really disappointed...this is just the beginning.
This is NOT the house but similar to it. (the forcelosure more rundown) I was going to post a real picture but they removed it when the auction closed.
You have to meet qualifications and submit a serious offer and they process everyone's bids on a specific date. They announce the winning bid online and you move forward from there. The bid I submitted ended up being the second highest bid and I lost out on this house by $1,600.00.
I wasn't really disappointed...this is just the beginning.
posted by shari at 4/18/2007 05:21:00 PM
3 Comments:
Wow...all this is Greek to me, so impressive...good luck!!! You'll be the Courtney Cox of the south!
:)) I hope I hope I hope....
Looks pretty. Congrats! And don't worry, second is only bested by first!
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