Updated over 9 years ago on . Most recent reply
Auction
I'm looking for insight on buying single family homes on Auction.com (both in person & online).
If there's anyone who have purchased property from there before, what's the process and any pointers/advice/tips.
Most Popular Reply
I signed up to bid once. They put a hold on your credit card for 1,000-2,500 in order to place a bid. If you win the auction or are the highest bidder then you may have the opportunity to purchase. I don't think they are as strict about having all of the money right away like a trustee sale would be but I am not 100% sure.