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Updated over 9 years ago,
non-bank owned homes in auction
Hi,
I am fairly new to all this. I was looking at properties on auction.com and noticed that there were homes that were non-bank owned. So I am assuming these properties are not in distress (foreclosure, REO, short sale), so what would be the motivation of selling a property in the web site (or what would be a buyer's motivation to buy such a property instead of just buying a non-auction property which can be inspected)?
Thanks,
Javier