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Updated over 3 years ago,
Auction Purchase - Tax Sale
Hello awesome people! An opportunity has come my way to purchase real estate through a city auction. I have checked with title companies in the area and I confirmed there is a title company which can insure the sale if I want to resell it as a flip. I also found the website where I can check for liens on the property before bidding on it.
Has anyone dealt with auctions before? What are other risks I might not be seeing? Any input will be highly appreciated!