Make sure that your offer ans contract clearly states free and clear title and you give yourself a contingency period to review the title report.Had a colleague suffer through a lis pendens on a property purchased at auction. Lis

I was recently looking at county auction sites and wanted to get some input on ways to protect yourself from buying these "as is" properties.

They were going to notify the previous owner to come get it, or auction it off if it wasn't claimed.

However, if the foreclosure is near the end, they will postpone the auction date if they believe they have an acceptable short sale.

Let your agent handle your auction bid and ensure they know what your maximum bid is.

Couldn't resist a great property at auction today and now I have to figure out the right way to pay for it.Essentially I have half the cash available in my S-Corp account and half the cash in my SD 401K acccount.I have never "mixed" a property like this.Suggestions on cleanest way to structure?

The auction scenes are not even filmed at the actual foreclosure auction any more.

I'm preparing for my first Local tax deed auction.

Another real estate investor bought the house at auction and used the other hard money lender to make a loan on the purchase.

You can buy houses at foreclosure auctions, through HUD or VA foreclosures, you can advertise to attract distressed homeowners and buy directly from them, you can buy through wholesalers (someone that finds a property for you at a low price) and more.