Someone with poor credit has nothing to lose by not paying money owed.  

Hi all, hope everyone had a solid weekend! 

Pros:Potential for Bargains: Auctions can offer properties at lower prices than traditional listings.Speed: The auction process is usually quicker than traditional sales, with a defined timeline for closing.Transparency: The bidding process is transparent, and you can see competing bids in real-time.Cons:As-Is Condition: Properties are often sold "as-is," meaning no repairs or warranties.Limited Inspection: There may be limited opportunities to inspect the property before bidding.Financing Challenges: Securing financing for auction properties can be more challenging and may require quick approval.Auction Fees: Be aware of any additional fees, such as a buyer's premium, that could affect the total cost.I hope this helps you out!

In my situation there is one more layer though and hope your experts can advise.  

My wife's fear was that something would go wrong and I would lose everything. 

I hope all is well with you.

I feel for these people who can ill-afford to lose money to scammers, but they need to think through the situation better prior to paying anyone.  

I'm hoping it's getting used to its new home, but that may not be the case.

You can hear real-world examples of how others have built their investment portfolio and (hopefully) learn to avoid their mistakes.4.

Hope to hear more on here from others and their thoughts and experience with Big Bear, especially from fellow hosts like me.