No deals at courthouse steps auctions in Raleigh NC

Dated: 02/08/2019

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Investor Demand remains strong for foreclosed properties in Raleigh NC. However, not much of a deal to be gotten on it yet at the risky courthouse steps auctions. Of the 28 properties that sold at courthouse steps auctions in last 14 days. Average purchase price was 105% of tax assesed value.............. With the risk of not able to do inspections or look at interior prior to purchase there is not much of a deal there at this time. Purchase prices equal purchase prices for online REO auction properties, but with the majority of those, you at least can look at it prior to making your offer.

Peter Greijn 984-212-8513

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Peter Greijn

Born in the Netherlands in 1962 I earned my Degree in PE and Sports management in1983 and moved to the USA in 1987. Upon arrival in the USA , my first job was Youth director for YMCA in Lynchbu....