Filed under: Uncategorized — foreclosureguy @ 2:49 am
Harley "Foreclosure Guy"
Hello and welcome to my blog. I am Harley Dufek AKA Foreclosure Guy. I invite you to use this blog as an information resource to learn about buying, selling and most importantly getting out of or avoiding foreclosure. Myself and my team of professionals bring a great deal of experience and knowledge to the table free of charge and present it here for your education and edification. Feel free to contact me by e-mail at askforeclosureguy@gmail.com or you can call my office at 206-919-5086. If you would like to see me in person I invite you to register for one of my free workshops held every Tuesday evening at 5:30. If you cannot make it out for that e-mail me and I will be happy to schedual a one-on-one meeting with you either in person or over the phone.
Question: I want to buy a property at a King County Foreclosure Auction. Do I need cash to buy a property at a foreclosure auction in Washington State?
Answer: YES! In fact the cash must be in the form of a cahiers check or good old American greenbacks. I have actually seen people show up at auction with a metal suitcase handcuffed to their wrist! Cash on the barrel they call it. Purchasing properties at a foreclosure auction is indeed the most aggressive way one can obtain a property. In fact, you cannot even qualify to bid on a property until you first “flash your cash” as it’s called to the crier. Personal checks are NOT acceptable and neither is any amount less than the minimum opening bid. Other then bringing straight greenbacks the Foreclosure Guy recommended way to successfully pay for a property at foreclosure auction is to find out what the minimum opening bid is on the property and the morning of the foreclosure auction get a cashier’s check from your bank made out to YOUR name OR the name of the trustee for the exact amount of the opening bid plus $1. Or, if you’re like me you can give the $1 in straight cash when you win and get a chuckle out of everyone there. If you plan on bidding higher than the minimum bid bring some “change” of several increments of cahiers checks up to the amount you are willing to bid to. For example, say there is a property you are interested in at the Bellevue Foreclosure Auction you found on my free foreclosure list with an opening bid of $250,000 being handled by Northwest Trustee and you were willing to bid up to $300,000. What you would need to do is get one cashier’s check made out to “your name OR Northwest Trustee” for $250,001 and then I would suggest getting three $10,000 checks and 2 $5,000 checks made out the same way in case you were bid up. If you do not have exact change and have to overpay then the trustee will mail you the difference back within about a week. This is why I suggest bringing smaller checks so they are not holding very much of your money for very long. If you are using REIF Foreclosure Auction Buying Services much of this can be eliminated with our in house Foreclosure Auction Financing.
If you did not make it out to the auction or did not pick up one of my packets you can download your own copy by clicking the link below. This is a HUGE file so please be patient while it downloads.
Filed under: Education — foreclosureguy @ 12:35 am
Attention First Time Home Buyers!
The Government wants to give you $8,000 just for purchasing a home before November 2009!* Learn about how to CASH IN on this unique opportunity. This is one of the many topics you will benefit from in this FREE 90 minute class brought to you by Top Producing Real Estate Agent Harley “Foreclosure Guy” Dufek and Industry Leading Mortgage Banker/Broker Shane Pierard. If you are even thinking about buying a home in the near future you cannot afford to miss this special event. Here are some points that will be discussed:
How to safely buy foreclosure properties at discounts
Lending secrets even Obama doesn’t want you to know
What are Short Sales and are they good deals?
Buying a house from A-Z and not getting grey hair
AND MUCH, MUCH MORE!
Where:
Real Estate Investment Firm
Advantage Commercial Brokers
8435 161st Avenue NE
Redmond, WA 98052
When: September 16, 2009 from 6:30-8:00
To Register please send an e-mail with your contact information to Harley@REIF-WA.com
Beautiful modern day Victorian at a great price. Classic architectural detail throughout. Kitchen island w/granite countertops. Level entry bedroom w/full bath & kitchenette- perfect for guest/teen/nanny suite or MIL quarters. Upper floor master suite w/gas fireplace. 3 decks. Large fenced backyard. 4 car tandem garage. Popular Ames Lake across the road: fish, kayak, etc. Perfect for anytime of the year
see additional photos below
PROPERTY FEATURES
Hardwood floor
Tile floor
Family room
Living room
Bonus/Rec room
Office/Den
ADDITIONAL PHOTOS
Front of house
Kitchen
Entry
Formal Dining room
Entry 2
Main floor bathroom
Contact info:
Harley Dufek, Realtor (R)
Real Estate Investment Firm, Advantage Commercial Brokers http://www.realestateinvestmentfirm.com
Hardwood floor
