Online auctions question

[Martha Daisley]

hello

Im interested in learning how to buy properties via online auctions, can anyone with experience explain the process? I see properties on auction.com starting at 100 bid. They can possibly be selling for that cheap can they? Do you have to pay for those auction properties with cash or can you finance with a private lender? How can you tell what condition the property is in? Any input would be great!

Thanks!

Martha