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Updated over 4 years ago on . Most recent reply

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124
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42
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Ben Kirchner
  • Durham, NC
42
Votes |
124
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Anyone buying off auctions?

Ben Kirchner
  • Durham, NC
Posted

I'm curious to if anyone is buying off auctions.  Whether be from the courthouse, or website platform.  As my capital has built, this is something I've become more curious about.  Can anyone speak on their experience with this, as well as the process given current events?

Thank you

Most Popular Reply

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1,503
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Nate Sanow
  • I​nvestor & Agent
  • Tulsa, OK
1,159
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1,503
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Nate Sanow
  • I​nvestor & Agent
  • Tulsa, OK
Replied

I've passed on this because they usually trick people into thinking it's a deal by going unusually low in their asking as a cheap marketing ploy.  And I was told that the company / website has a way of bidding against other online bidders only for the purpose of driving up bids.  IMO there are better ways to get deals.  

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