Messages

1

Questions and Answers / Re: FIRST TIME BIDDER

« on: June 22, 2010, 07:18:12 PM »

yes, that would be the house...
I had a few experts look into the property and the outside....they both think is too risky to offer much for it.  It seems they believe the house will be ready for demolition and building a new one...will be really expensive.

I am not sure what to do now....I still have a few days to think about it..but I am doubting to go ahead with an offer.
What do you think about it?  are you interested in bidding?  I asked the city and it seems there are quite a number of people interested more than 15 people had picked up the packages.....

2

Questions and Answers / Re: FIRST TIME BIDDER

« on: June 08, 2010, 12:11:47 AM »

yes it will be a good deal if I get the house for 150 y spend 150k fixing it...but my real concern is if the house goes for demolition....

I asked a few people that are in the business and they say to expect always the worst...and because it has been 10yrs. locked nobody knows how the inside is now......

if that is the case....I don't know if 150k is a low bid......anyone with recommendations?  should I go higher on the bid.....

thanks

3

Questions and Answers / Re: FIRST TIME BIDDER

« on: June 07, 2010, 12:28:33 AM »

thanks for your advice. Actually I was going to go and talk to the neighbors about the old owners. 
I was thinking on bidding a bit high so I can make sure I am the highest bidder...it seems I need to rethink what I will do.
I was thinking on a bid of at least 150K.  ...  what do you think?? or anyone else.  As i mentioned the lowest bid is 35k which cover the taxes of the house for the past 10 years.

I really don't know where to start...I am nervous about it.

4

Questions and Answers / FIRST TIME BIDDER

« on: June 06, 2010, 10:24:15 PM »

Hi to Everyone,
I am new to this site and to placing bids...there is a tender coming at the end of this month and I will be placing a bid.
It is a house that has been closed for the past 10 years.  Owners died and the city took over as there were no family around.  
The minimun tender is 35000 and I don't know if there is a way to find out how many bids are for the house or any related information.  I have no idea how high the bids go on tenders.  The house might be for demolition as it has been closed for 10 years now...we can't see anything inside.
I would really appreciate if anyone can give some feedback.....

thanks for your help.