Purchase Experience with Auction.com

[Ben F.]

Hello Fellow BP Members,

Anyone care to elaborate on their purchase experience through auction.com? 

My questions are regarding a successful bid and the turn time before full ownership, for foreclosure and bank owned. I want to know how long it took before you had the deed and could begin your strategy.

If a property is listed and contingent, and at the auction at the same time, who gets the property, successful bidder or interested MLS buyer? I've seen properties being bidded on while also under contract.

Any insight is helpful. Thanks!