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Updated over 4 years ago on . Most recent reply

Chum Struve's profile image
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Chum Struve
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Foreclosures

Anyone use auction.com to buy properties?

Chum Struve
Posted

Property valued at $115k worse case and hope to buy at $16k and it’s occupied.

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Ron S.
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  • from Paradise, California
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Ron S.#3 Foreclosures Contributor
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Ron S.#3 Foreclosures Contributor
  • Paradise, CA
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That's absolutely not gonna happen, unless you are the only one allowed to bid, privately, and that no one else in the entire world is aware of the house going to auction. it would not be reasonable to think you are going to be able to pick up a publicly auctioned home for $16K, that has a value of over $100K.

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