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Updated almost 6 years ago,

User Stats

7
Posts
1
Votes
Erik O'Grady
  • Rental Property Investor
  • Deerfield, IL
1
Votes |
7
Posts

Auction Sites - Yay or Nay

Erik O'Grady
  • Rental Property Investor
  • Deerfield, IL
Posted

Good morning BP Nation!

I'm newer to RE investing and brand new to investing on an auction site but this really interests me. The questions I'm seeking support on are:

  • What are things I should look out for when buying on auction? 
  • Who has had success with auctions sites and are you willing to chat :)? 
  • How does the process work with a title company pre purchase?
  • How important is an attorney in this process? 

The thing that I'm most uneasy about is getting a property with all kinds of liens and major issues with the home itself...who would have thought right? LOL Anyway, thanks in advance for your time, thoughts and energy.  

Moving forward - Erik