I am assuming that is not in a judicial foreclosure state that has to be auctioned off and gives the homeowner time to sell it.

Do you buy auctions too?

Okay, keep in mind I grew up around public auctions and these kinds of deals all the time—actually, a lot worse things.

Dear Community,I recently purchased a house at auction in Tacoma, WA.

Any advice with online auctions?  

Hoping to pick up a property at auction here pretty soon.

Maybe things have changed.Standard is, that once the Notice of Trustee Sale (Foreclosure) is recorded, long before the Auction date, the public record becomes part of their credit report.

The couple is divorced. both names on the mortgage. went to auction for foreclosure now. some equity for the owner probably still in property. existing/defaulting FHA loan at a low rate. 

They can’t review the “hot” deal their broker just sent them because they’re too busy categorizing emails in color coded category’; they can’t attend the on line networking session because they need to switch over to a more detailed CRM system; they can’t visit the property going up for auction because their scheduled weekly garage cleaning is running overtime…..The Educator – This person never feels they have enough knowledge, experience or education to properly evaluate an investment.

Properties are purchased at the auction all the time without title insurance and a lot of people get rich doing it.