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Updated over 10 years ago,

Kevin Siedlecki's profile image
Kevin Siedlecki's profile image
Kevin Siedlecki
  • Investor
  • from Madison, Connecticut
  • Member since Oct 10, 2014
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User Stats

710
Posts
458
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Kevin Siedlecki's profile image
Kevin Siedlecki's profile image
Kevin Siedlecki
  • Investor
  • from Madison, Connecticut
  • Member since Oct 10, 2014
Connect
Kevin Siedlecki
  • Investor
  • Madison, CT
458
Votes |
710
Posts
Foreclosures

MLS vs Auction

Kevin Siedlecki
  • Investor
  • Madison, CT
Posted

My current residence was a foreclosure listed on MLS. The offer and closing process was no different from any other transaction, and I got it for only about 10% under market value. Now I am looking at auctions, and I realized that I do not know the answer to this seemingly basic question: how does a property get to auction as opposed to being listed?

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