Tag Archives: sheriff sale

Legal Update for Real Estate Investors Bidding at Foreclosure Sales.

Happy Friday, all. Here’s a photo I took from this morning. Although the weather looks to be clearing up a little downtown this afternoon…   Real Estate Investors Bidding at Foreclosure Sale. Real estate investors and lenders are under pressure to “get it right” when bidding at sheriff sales, especially in a real estate marketContinue reading “Legal Update for Real Estate Investors Bidding at Foreclosure Sales.”

Cautionary Tale for Real Estate Investors: Yesterday California Investor Sentenced to Prison for Bid Rigging at Foreclosure Sales.

There are many pitfalls for real estate investors who purchase distressed property. In today’s market, good deals for real estate investors are getting harder to come by. With distressed property becoming a scarce resource and competition ever increasing, some real estate investors have resorted to less than legal  acts to boost their profit. Investors should know thatContinue reading “Cautionary Tale for Real Estate Investors: Yesterday California Investor Sentenced to Prison for Bid Rigging at Foreclosure Sales.”

Warning for Real Estate Investors: Three Northern California Real Estate Investors Convicted of Rigging Bids at Public Foreclosure Auctions

  There are many pitfalls for real estate investors who purchase distressed property. In today’s market, good deals are getting harder to come by. With distressed property becoming a scarce resource and competition ever increasing, some real estate investors have resorted to illegal acts to boost their profit. Investors should know that the Department of JusticeContinue reading “Warning for Real Estate Investors: Three Northern California Real Estate Investors Convicted of Rigging Bids at Public Foreclosure Auctions”

Real Estate Investors: Recent Case Law Highlights Certain Pitfalls of Purchasing at Sheriff Sales

Those who pick up properties at sheriff sales know there are pitfalls to watch out for. A recent Michigan Court of Appeals unpublished case highlights one of those pitfalls The case is WW Michigan Properties v Repokis, No. 316555, 2014 WL 4723822 (Mich Ct App September 23, 2014). Facts: Daryl and his ex-wife, Karen Repokis, ownedContinue reading “Real Estate Investors: Recent Case Law Highlights Certain Pitfalls of Purchasing at Sheriff Sales”