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Updated almost 8 years ago on .

User Stats

72
Posts
14
Votes
Sean C.
  • Real Estate Professional
  • San Jose, CA
14
Votes |
72
Posts

Auction.com Properties in State of CA

Sean C.
  • Real Estate Professional
  • San Jose, CA
Posted

Really curious, how exactly does the auction process goes? And why does it happen, step by step, does it goes to a pre-forclosure process correct? 

Last month, I went to an auction that happened in my county for the first time and unfortunately it was "cancelled" or postponed. It seemed that this happens often since no one was really surprised, I didn't really get to ask why..but why did that happen? Any specific process on how it goes?

I'm looking to see if there are some opportunities to be made, can you make an offer to the seller before the auction date and buy there property "Cash"? I'm seeing different answers online, so I wasn't entirely sure.