Dallas-Fort Worth Real Estate Investor Club

Foreclosures at Court House Steps

  • 09 May 2013 4:32 PM
    Message # 1289606
    Deleted user

    It has been awhile since I've purchased on the court house steps but hear that there are many more buyers including hedge funds their.  Has anyone been to the Tarrant County Foreclosure Sales recently?  If so what did you notice?  Were there a lot more buyers or just lookers?  Thanks in advance for any input.

  • 10 May 2013 8:09 AM
    Reply # 1290086 on 1289606
    Deleted user
    Rocky,

    I was there recently. There are many more folks than used to be, as well as hedge fund buyers / CA buyers (I have confirmed this with multiple sources). And they are paying CRAZY-HIGH rates from what I could tell. The courthouse has never been my primary source for deals, so if you start attending regularly, please update the rest of us. I probably won't go back for a while.

    -Greg

    Greg Wilson
    The Real Estate Investor's Mentor
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