xome expieriences anyone? are bidders prescreened?
Evidently Nationstar's auction site. Anyone buy off it? I used Hubzu once and felt I was probably bidding against a bunch of HGTV wannabes who had yet to even qualify for a loan...because the site did not prescreen or prequalify anyone. I could have bid under the name Daffy Duck. I paid 15k more than I thought the house should have gone for, 2k because the bidder I outbid "had to be outbid by 2k because they were on autobid." No proof offered there.
I am guessing the auction sites qualify buyers after the bid process and hope the unqualifieds bid up the buyers with access to funds.
I appreciate any help or tips on xome or online bidding in general. thx!