Early Indications that a property will end up at auction


#1

Are there any early indications that a property will end up at auction?
I am watching a property very early in the process where current market value is less than total debt owed.? Reasonably sized first? plus second and third that represent a large dollar amount of the total debt.? I checked with the county web site property taxes for 2008 are deliquent.? What else can I check?? Where else can I check?
?
Thanks again.


#2

Sounds like you’ve got the basics handled. You should do a more thorough title search before buying auction, but otherwise you just have to wait. We estimate that 80% of properties that hit NOD right now will end up sold on the steps so the chance are good you’ll get a shot at it.


#3

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