Buying an investment property on Auction.com

[Steve Candor]

The property has a quit claim deed. Not sure why it has this. I don't see any tax liens on the property and I looked at the previous owners and it they got the property from their parents. 

This is the property. It's currently asking a lot less than the current houses in the area. I don't think anyone is living there. looks empty. 

What are your thoughts on buying a fixer upper on auction.com? Quit Claim deed okay in this situation? 

http://www.auction.com/Massachusetts/residential-a...

[Wayne Brooks]

This is common.  Run a title search, including city/county unrecorded liens if time permits, and have a title attorney review, prior to bidding.  From auction.com, when selling by QCD, any liens will be exceptions to the title policy.  The price you're seeing is the lowball starting bid not the asking price.  The undisclosed reserve will likely be much higher than this.