What are the upsides and downsides of Auction properties?

What are the upsides and downsides of Auction properties?

Real Estate Agent · Richardson, TX · Member since 2014 · 511 posts · 161 votes

Hi Everyone, 

I'd like to learn more about Auction properties and how does the overall process work. How does the process work? Can you share any success/awful stories about a time you bought an auction property? It's tough to find a property on the MLS with good margins in my area and I'm debating if I should be taking this route.

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