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Posted by steele in minnesota on March 27, 2007 at 06:54:16:
In Reply to: Re: going to attend a trustee sale posted by Bill H on March 26, 2007 at 17:35:49:
Excellent advise, Bill. Auctions are rarely the place to learn how to buy a foreclosure for the first time. They are for experienced investors. With lots of cash since they want the money up front :>)
If anything you need to go and watch a number of these to get a good feel for the process. Perhaps you could hook up with a mentor and ease into buying foreclosures.
Good luck on this.
Steele