Investor · Milwaukee, WI · Member since 2016 · 42 posts · 6 votes
I've been bidding over and over again on an Auction.com home. For what ever reason it doesn't hit the reserve price. At the end of the set auction time frame, it resets and goes back out for a new Auction the following week. It has been doing this for 6 months now. Does anyone have additional insight on why this is happening and the lender doesn't just lower the reserve or put it on the MLS?
I've been bidding over and over again on an Auction.com home. For what ever reason it doesn't hit the reserve price. At the end of the set auction time frame, it resets and goes back out for a new Auction the following week. It has been doing this for 6 months now. Does anyone have additional insight on why this is happening and the lender doesn't just lower the reserve or put it on the MLS?
See if you can contact the owner or find out what the reserve price is.