I want to bid on a property that is due to be auctioned on auction.com in the next few weeks.

I assume a "Sheriff Sale" in NJ means a mortgage foreclosure auction.

I bought a house at judicial foreclosure auction which was still occupied by the former owner.

We acquire as-is properties from auction or through short sale.

I have a great problems - with a friend we developed website that is producing more leads than I can handle - the problem is that they are thousands of miles from my home base.In 7 weeks I have received over 200 good leads all over the US - I am looking for someone in those area to look at the properties and receive an equity interest for doing some leg work for us.At this time we have 45 contracts out -if you are in the following areas - call me - let's see if we can share some equity profits.Oh, I am an auctioneer and this is how we are going to sell these properties - "as is" for all cash.Augusta, GA - Utica, IL - La Salle, IL 61301Clinton, IO So --- if you are in these area - call me for the address - they are under contract at this time - we control those property with a delayed settlement date.Thank you for your help.Charles Parrish - Auctioneer

There are two types of auctions that you want to attend.

Read and understand the terms of the auction.

This property was purchased at auction without ever seeing the inside.

He said if he tires to go to auction, he'd start at $65k and go up, but then he'd have to pay the auctioneer etc.

It is starting auction at 15k and I don't think it will sell for more than 80-90k Using the 50% rule that is just about my limit on how much I should buy it for as well.