Experience with buying "Occupied" homes from Auction sites?

[Jon Peterson]

Hello community!

I am wondering if anyone has bought any Occupied properties from auction sites recently. Hudson and Marshall, Auction.com, Hubzu, all seem to be selling a lot of homes that have just been foreclosed on, with the redemption period 4-5 months out. You are buying these houses site unseen.   Any history or experience is greatly appreciated!

Any background info on how the foreclosure process affects this experience is appreciated as well.

Thanks!