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Updated over 9 years ago on . Most recent reply

User Stats

258
Posts
83
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Don Meinke
  • Investor
  • Northeast, NE
83
Votes |
258
Posts

Buying on Auction.com

Don Meinke
  • Investor
  • Northeast, NE
Posted

I see houses I am interested in on Auction.com.  I see they are advertised as occupied when I drive by they look darn vacant,,,but cant say for sure.  It SAYS right on their site its a crime to tresspass or bother tenants in any way.

Do YOU knock on the door, peer thru the windows anyway???  Are you uncomfortable with buying a house you havent seen the inside of??And possible defects it holds?  I have seen a few houses the foundation is completely junk,toast.  HOW do you compensate for that in auction bidding?

What would happen if you found out later it was a horrific murder scene etc?

OR do they let you look inside sometimes?

I see these houses that look good from the outside but yet havent sold on numerous times of multiple online auctions.  Will they disclose their reserve?

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