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Updated almost 6 years ago,

User Stats

578
Posts
268
Votes
William Coet
  • Lititz, PA
268
Votes |
578
Posts

Auction . Com foreclosure questions

William Coet
  • Lititz, PA
Posted

Hello,

Have not bid on an auction . com foreclosure auction and have a few questions.

1. Is there a way to determine what the reserve is?

2.If it doesn't meet the reserve, what happens with the property?

3.One website called realtytrac shows the property having a "transfer value" of $93,000.  What does this mean?  Is this the price the bank bid at the foreclosure auction?

Any other comments about bidding on auction. com would be appreciated.

Thanks in Advance for any help,

Bill

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