I couldn’t decide which headline to use. So I’m using them all.
There’s going to be 2 huge auctions in the next few weeks. These properties have been sitting on the market for a long time. The banks need to clear their books before year end.
Let me tell you a little story about the last one we attended. There was a Huntridge Cottage that was listed by the bank for 240,000. We put in an offer for 210k and the bank turned it down. We upped our offer to 220k and the bank turned it down too. Then the bank put it in one of these auctions. We went to the auction and got it for 187,000 just 4 weeks later. The Banks Are Crazy! But buying Foreclosures isn’t crazy at all!
I haven’t finished this post yet, and need to go on an appointment.
I’ll be adding links and rules and an offer that anyone who still believes in Las Vegas and in Real Estate as the ultimate best investment vehicle shouldn’t pass up.
.