CRR Blog

Drop Bids vs. Opening Bids

Here is a property search tip for our website.....

When looking for good deals most folks want to find dropped bids, that is bids that are lower than the amount that is owed.

Our drop bid report does give you those.

But there are also opening bids that are not lower than the amoyunt owed, but are still a good deal, as the loan itself was not too big.

To see these, just search upcoming trustee sales and then sort by the opening bid.  You will see drop bids, but also you will see opening bids.  This is just another way your research can pay off.

Happy House Hunting!

Foreclosures This Week: There are many more... visit us on facebook for more...

2BR/2BA on Hamilton Dr in Beverly Hills opens at $314,883 Value: $441,109

4BR/1BA on Orange Ave in Azuza opens at $184,553 Value: $277,700

4BR/2BA on Sayre St in Sylmar opens at $196,707 Value: $263,860

2BR/1BA on Crags Dr in Agoura Hills opens at $334,000 Value: $243,632

4BR/2BA on Has Ave in LA opens at $278,927 Value: $365,893

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