John Ray BidAZForeclosures Interview - Part 2

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Uploaded by on Feb 19, 2010

http://www.AccessWealthStrategies.com
David Overfield interviews John Ray, owner of http://www.BidAZForeclosures.com about buying properties at the Maricopa County (Phoenix area) foreclosure auction / trustee sale.

Topics covered in Part 2 of this interview:
- current market cycle vs. previous one?
- what's happening with bank REO properties?
- why aren't banks doing more short sales?
- how do you buy properties at auction?
- why do investors use your bidding service?
- how risky is it?
- common mistakes
- due diligence before bidding
- what happens when you make a mistake?

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