All Forum Posts by: Caleb Ham

. I also loved auction.com, i bought several thru there a few years ago, before the market heated up. I loved em so much I took one of their for sale signs and put it in my office, haha.... good prices, fast close, clear title (for the ones I bought) and no BS. Then the market got strong and now their REO deals are not at all competitive. It was great while it lasted!

Also now the market is crazy so i can reveal a glitch I noticed. During the pre-auction phase, if I put down a bid and then a 2nd bid to outbid myself, they counted that as a "multiple offer" situation, took it offline and said "highest and best".. i just stuck with my 2nd bid and I would win. I thought I was some kind of uber hacker when i figured that out (purely by my own incompetence originally though) but it probably no longer works.. maybe it really was a legit multiple bid situation, but it always seemed to work for me. Also im not even sure they have preauction bidding anymore.

Ill keep that in mind and give it a try and let you know if it still works. Thanks for the tip.

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Originally posted by @Account Closed:

How much did the REO deals change that you saw?

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Originally posted by @Terrell Garren:

5 times or so and closed in 30 days on all of them. Loved auction.com until the secret was out and the big-fund guys showed up.

That sounds like a normal close time for a house. Is it even worth using it now that the "big-fund guys" are now a part of the picture?

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Thank you for you input Mike. How long did it take to close, if you don't mind me asking?

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Im looking for anything with a clear title. I don't mind foreclosures or bank own. Id rather do online auctions versus in person.

I guess my biggest concern is getting screwed over on a deal. So my question would be how safe is auction.com, and what would be the areas I need to be careful

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Has anyone used this site to purchase a house?

If so, what was the process like?

What do I need to be aware of when using this site?

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All Forum Posts by: Caleb Ham

Caleb Ham has started 1 posts and replied 6 times.

Post: Should I use Auction.com to buy houses

Post: Should I use Auction.com to buy houses

Post: Should I use Auction.com to buy houses

Post: Should I use Auction.com to buy houses

Post: Should I use Auction.com to buy houses

Post: Should I use Auction.com to buy houses