Las Vegas Trustee Auctions

In regards to buying at the trustee auctions I would not recommend this unless you have a lot of experience doing this. ALL the properties are "good deals" down there if you are strictly looking at the purchase price vs what the property comps for. However, your profitable purchase soon disappears when you find out that there are taxes, liens, assessments, HOA fees, etc. In order to be successful at these auctions you have to have to know what homes are going to be good deals at the end of the day and which ones to stay away from. Not to mention these properties must be purchased with cash only. They give you very little time to research these properties to know what you are buying so you are often times guessing. You never want to buy a property when you are guessing. My 2 cents.

This article is old but it still gives you an idea about the process of buying at the Trustee Sale: