Newbie List Question

Hi All,
I am new to buying foreclosures and would like to know what lists some of the professionals on here subscribe to in southern california.
thanks,
-livinpoor

Comments(3)

  • BABYBULL2419th April, 2005

    bek423,
    I am also from NJ and interested in getting involved in buying foreclosures. Very green but would like to know how you do - my focus is up in NW NJ. The attached website may save you sometime from looking through newspapers. You can search the listings by county for free!

    www.publicnoticeads.com/nj/search/searchnotices.asp

  • Maddog5618th April, 2005

    I would be surprised if they refunded your money unless that was stipulated up front. If your winning bid was assignable, you might be able to give it to someone else (and maybe get an assignemnt or birddog fee), or you could try to find a partner with $ in an equity sharing arrangement.

  • motivated_buyer19th April, 2005

    Generally they will keep your depopsit.
    Might I suggest a posting here on TCI to bail you out.
    Someone may have a keen interest in your deal.

    Which is the operative idea...you can sell the contract!

    Most auctions (at least municipl "Deed" auctions) allow you to flip the contract for a small "transfer fee".

    I am familiar with one gentleman who almost makes his living this way ...flipping auction contracts.

    Good Closing

    Jb

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