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Updated almost 6 years ago on . Most recent reply

Cade Andersen's profile image
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Cade Andersen
  • Rental Property Investor
  • from Mount Pleasant, MI (48858)
  • Member since Mar 28, 2019
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Cade Andersen's profile image
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Cade Andersen
  • Rental Property Investor
  • from Mount Pleasant, MI (48858)
  • Member since Mar 28, 2019
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Cade Andersen
  • Rental Property Investor
  • Mount Pleasant, MI (48858)
6
Votes |
28
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Buying & Selling Real Estate

Buying from Auction.com, too risky?

Cade Andersen
  • Rental Property Investor
  • Mount Pleasant, MI (48858)
Posted

Does anyone have experience buying from Auction.com? There are a few properties on there but all owner occupied? One has a case pending... is this risky?  How would I take possession and get the tenants out?

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Michael Noto's profile image
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Michael Noto
  • Real Estate Agent
  • from Southington, CT
  • Member since Jan 27, 2008
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Michael Noto
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  • from Southington, CT
  • Member since Jan 27, 2008
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Michael Noto
  • Real Estate Agent
  • Southington, CT
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Michael Noto
  • Real Estate Agent
  • Southington, CT
Replied

@Cade Andersen If you do not have experience purchasing occupied foreclosures I would highly recommend against it until you have more experience. Truth is, when you buy an occupied foreclosure things can go about six different ways of which most of them are not a good outcome for you as the new  owner.

  • Michael Noto
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