Real Estate Services  Promote Your Business
Real Estate Services
Cost Report

Tips and Tricks for Online Real Estate Sales & Auctions

Use the following tips to make an informed decision regarding bargain online real estate investment properties.

1. Drive by the home and compare the current condition to the provided photos.

2. Contact previous buyers and ask for their feedback regarding working with the seller.

3. Many sellers who do purchase in bulk have not seen the property. Find photos of the inside of the home (or attempt to view the inside when driving by the property). With a quit claim deed, there is no guarantee that the property is in livable condition, let alone a wise investment.

4. Contact the county assessor and deed record office to confirm the liens, current owner, deed holder, and verify that the property is actually for sale.

5. Contact people who have been involved with any other previous property transfers with the same company (find pre-existing deed transfer records for other properties in the same area).

6. Contact the seller listed on the tax record by phone to speak with them directly.

7. Contact the business owner (if any) and confirm that they are currently selling the property.

8. Speak with neighbors near the potential home and gather their thoughts on neighborhood activity, vacancy rates, and safety (for example).

9. Contact a real estate agent or appraisal office to determine potential value. Then, follow up accordingly based on your findings through supplemental research.

10. Establish an action plan of what you will do with the property. Are you going to fix and flip, straight flip, rent out, or live in the home yourself? Have your cash or payment lined up for yourself after detailed communication with the selling property.

Be the first to find this article helpful.

About the Author

Anthony Flagg, Home Fax Inspections
31166 Cyril Ave
Fraser, MI 48026

Contact Author: request info

If you would like to re-print this article, please contact the author.
Need some help? We can match you to a company in your local area.
Find Local Companies

Related Topics

Ten Pitfalls to Avoid When Getting New Tenants
Over the years, I have learned a lot about searching for new tenants.  When my wife and...

A Guide to the National Association of Realtors
The National Association of Realtors (NAR) is currently one of the largest trade...

High End - High Altitude Marketing
New technology allows important advances and the ability to draw people in ways never...

Why Do Sellers & Buyers Hire the Prakash Team?
Buying or Selling Real Estate Today

Cindy Allen, Realtor
Have a question about real estate you want answered?

Need some help? We can match you to a company in your local area.

Other Related Topics

Real estate agents pay buyers who buy through them
Real estate agents pay buyers who buy through them

Mansions at Acqualina, Sunny Isles Beach, Florida
Mansions at Acqualina, Sunny Isles Beach, Florida

Remote Office—A Cost Effective Innovation
Virtualization can be used for any work that doesn't require the physical presence of an...

Now is a Great Time to Buy a New Home, Townhouse or Condominium
There is no better time than now to purchase a home; however, there are specific things...

Google Sketchup as a real estate marketing tool
This 3D modeling software owes its market penetration to its ease of use and cost: free.

Editorial Disclaimer: The views expressed in articles published on this website are those of the authors alone. They do not represent the views or opinions of this website or its staff. The articles on this site do not constitute a recommendation or endorsement with respect to any views, company, or product. Authors affirm that article submissions are their original content or that they have permission to reproduce.

Free Cost Estimates   |   Real Estate Services Directory   |   Real Estate Services Cost Report   |   Free Business Listing

All users of are subject to our terms of use.

Home   |   Articles & Videos   |   Affiliates   |   Networking Groups   |   Search by Category

Terms of Use   |   Privacy   |   Partner Network   |   California Do Not Sell My Info   |   About Us   |   Contact Us   |   Member Login

©2003-2022 - VentureStreet, LLC

Join Our Business Network