Anyone have experience with GSA Government Auctions?

[Stephanie Dupuis]

To clarify - GSA is the General Services Administration, a branch of the gov't that buys property (residential property) for gov't use and then will sell it later at auction to recoup their expense (is this accurate? I read this "on the internet"). The auction site is gsaauctions.gov . I'm checking to see if this is legit.

Anyone used this before? Have experience buying a property this way? If so, do they get bid up high and how long does the process take?

Here's the link:

http://gsaauctions.gov/