Hubzu?

[Kevin Reid]

Has anyone ever dealt with this auction site? They have several listings in my area that are seriously below market value, but few guys seem to bid on the properties and then after the auction closes with the reserve not met it gets reposted. One of the properties I'm interested in is a foreclosure in my neighborhood and has been reposted at least 8 times. Anyone with first hand knowlege? I came upon the site by chance through someone else, but have never seen any advertising.