flipping an auction bid - Posted by luke-NC

import · July 23, 2003, 9:11am

Posted by Stew(NE) on July 23, 2003 at 09:34:21:

I have seen it done here. But the guy who did it had bought houses before from the lawyer handling the sale. In this state, we mainly have Trustees Sale. Therefore, the lawyer acting as Trustee need to know who to make the Trustees deed out to. The guy just told him the name of the other guys company. However, he took care of the transfer of funds himself. In our case you have to pay by COB that day (unless you have bought before), then the some Trustees gives (wink-wink) you until COB the next day.

import · July 23, 2003, 9:11am

Posted by luke-NC on July 23, 2003 at 09:11:58:

wanted to know if anyone has any success flipping a property at a foreclosure sale.

What i’m trying to do is, bid on a property then at closing, flip it to my end buyer, who is already in place.

import · July 23, 2003, 12:09pm

Re: flipping an auction bid - Posted by Tarheel T

Posted by Tarheel T on July 23, 2003 at 12:09:29:

Sure, Luke,this is done all the time.

What do you see as your problem?

Tracy(NC)