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Updated over 7 years ago,
What's up with HUBZU?
I've read just about every post on BiggerPockets pertaining to or mentioning Hubzu, the online auction site. Common denominator=frustrating and irrational. I'm prepared for that.
I've been watching two properties for a few auction cycles. Property #1 reserve was met last week, was "under review" for a few days, and then reposted. Property #2 was bid on, reserve not met, and was back on the auction block in 30 minutes. A few days go by and poof, they're both off Hubzu. Just gone. I assume they were sold in some capacity, but there was no explanation.
Is this common? Should I expect properties on Hubzu to just disappear?