Hascanyone here bought a house at Auction?

[Kelly Marie]

Hi does anyone have experience with buying a house at auction.

Auction.com but in person....live auction at city Court house?

[Brian Langstrom]

I have subscribed to the alerts and gone numerous times. What I see is the Mortgage holder will bid it up to cover their lien. Then good luck to someone wanting it.

They tend to be dumps. I have gone to inspect with the buyer after the auction. Oh my god, how do people live like that. Not worth the money if you need a snow shovel to empty it out.

In Naples, a decent one will come across about once a year. The bidding is furious and some rich, bored guy with nothing to do will overpay and take his high fives and leave.