Buying REO through Hubzu [Real Estate Owned property]

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Bacchus01
Posts: 2070
Joined: Mon Dec 24, 2012 9:35 pm

Buying REO through Hubzu [Real Estate Owned property]

Post by Bacchus01 » Thu Jan 23, 2014 4:43 pm

Has anyone bought a REO property through Hubzu?

There is some land locally I would like to buy. It has a house on it that I would likely tear down (nasty). I called the listing agent and they said they can't do anything, you have to bid through Hubzu. I'm contacting another agent to be my buyer's agent. It seems that Hubzu gets bad reviews from individual buyers, but pretty good reviews from investors/flippers. The property is very cheap relative to the local market.

Bacchus01
Posts: 2070
Joined: Mon Dec 24, 2012 9:35 pm

Re: Buying REO through Hubzu [Real Estate Owned property]

Post by Bacchus01 » Wed Jan 29, 2014 12:35 pm

Anyone?

fareastwarriors
Posts: 921
Joined: Tue Feb 14, 2012 12:31 pm

Re: Buying REO through Hubzu [Real Estate Owned property]

Post by fareastwarriors » Wed Jan 29, 2014 2:10 pm

You might have better luck at a real estate investing site like biggerpockets.

I looked into some auctions but never pulled the trigger.

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