Neat article on the Detroit Land Bank Auctions for 2024.   

I've bought foreclosure for over 30 years and "cash for keys" and evictions are the only way I've found, if the previous owners are still in the property after the auction.Buying before the auction is far more successful and the people leave before the deal is completed.

Fix & flip or Foreclosure auctions to cash up?

I found a new lender but the property had gone to auction.

With the auction, the government gets paid first (back property taxes etc), then lien holders are paid in order.

Nick, you did OK, I am an auctioneer and we look for folks at our live out cry auction who get AUCTION FEVER,  that is, bidding more than they should.

This cancelled the auction.

I found it on an auction site and contacted the realtor/broker who was my neighbor in my last house.

I have purchased an apartment building (with 9 units) in an auction deal.

> I purchased property from HOA foreclosure auction last year for 40k, not realizing first mortgage cloud (silly, I know).