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Updated almost 10 years ago,
Auction Question
There is a home that will be sold at auction for 215 k in an area that is selling for high 200's to low 300's. I would anticipate the price will be bid up as the place is in decent condition. I haven't been at an auction before so going will be educational. I realize I will be competing with people who know exactly what their expenses will be. I cant estimate ARV so I figure I am just watching at this point. Any suggestions ?