Hubzu
I've bought a few houses before through Hubzu, and I am currently bidding on one right now. The auction ends in about 4 hours. The reserve has not been met yet and someone is bidding against me. Of course, I know that their "system" may be making fake bids until the reserve is met. But what about this idea - what would stop a 7 year-old kid in BF Egypt from making bids on this house? Really, they don't require a Realtor to bid, don't require any proof of funds to bid, don't require any credit card hold to bid, or anything. Has anyone else got any thoughts on this?