Foreclosure University Auction

Buying Distressed Properties For Pennies

September 11th, 2013 by Jarad

Buying Distressed Properties For Pennies

A few days ago, I sent an email out regarding buying distressed properties.  I wanted to show you a quick glimpse of some of the deals we are seeing and doing.  I show you these numbers not to brag, but so you can see what kind of opportunity is out there in the marketplace.  And you’ll see that you don’t have to have a lot of money to turn a quick profit and quadruple your investment.

Over the past 2 years, we’ve been using this strategy to buy and sell distressed properties.  We’ve bought and sold over 500 properties this way and with what we are seeing, there are no signs of slowing down any time soon.

Here are some of the properties we’ve sold recently… […read more]

Buying Properties At The Auction

August 26th, 2012 by Jarad

Buying Properties At Auction – Watch Out!

Buying Properties At AuctionQuestion:  We were buying properties at the auction. The loans that we are aware of are:
First $70,000. (this was a personal loan that we think got satisfied)
Second $350,000. Wachovia
Third $124,700. Wachovia
A Judgement too! We think it started out at $463,000. and ended at $137,000, We’re not sure about this number.

But we paid $137,000 at auction all cash, cashiers check, we’re idiots!!!
Can we get this rescinded????
HELP, I’m begging you with everything we are, we lost $137,000 cash, our life savings. We were ‘robbed’. We live in Los Angeles, and less than a week ago, we bought a Palm Desert house at a “home foreclosure auction” at the Riverside Court House. But we found out a few days later, we didn’t buy THE HOUSE, we bought the 2nd loan, or the 3rd loan? What… how can this happen? How is it even legal to sell debt at a courthouse!!!! […read more]

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