Posts Tagged ‘Auction Payment’

How do I pay for a home purchased at a foreclosure auction?

December 4th, 2012 2 comments

In my county (Fulton County, Georgia), when a home is auctioned off for tax reasons, payment must be made within an hour of the auction close. The payment must be made in cash or certified funds. How would I pay for a home purchased as a bank foreclosure? Same? It seems difficult to show up with hundreds of thousands of dollars in cash.

You will need to get pre-approved with a hard money lender.
But you need one who will do "at the steps" funding. They can fund the same day of the auction.

Go to the local REIA to find a hard money lender.

Why is it taking so long to process paypal payment from ebay sales?

July 13th, 2012 1 comment

I have started selling on ebay and I’m selling about 25 – 50 items on ebay a day. However I find hours are being spent in paypal looking at what customers orders printing them shipping labels and reading their notes they wrote. For example I have my own custom label (sku #) in ebay for an item I’m selling so when I receive a payment from a customer from paypal I need to login to paypal copy down their address and type in the item # on ebay to find out what they ordered. Where as if paypal has just used my custom label / sku # I would be able to find out right away what the customer ordered without having to check on ebay. This process is taking to long. What are other sellers doing?

Add your sku number to the title line of the auction, the paypal payment will always reference the title of the auction.

Example – Men’s Levi 550 Size 34 x 34 Sku #3502-0210