Foreclosure auctions are looking a bit promising though.

I am eyeing wayne counties upcoming tax auction.

This happened to a fellow investor in Tampa several years ago.We talked about it & we told him to approach the Bank & offer to stay put, rent free paying the utilities etc to keep the home in good condition for re-sale.Given the all break-ins etc that were occurring with vacant homes they agreed.We have done that here in NY with properties we have taken back or taken possession of from auctions.

I was chatting with a guy at the courthouse steps auction.

The bank hasn't foreclosed until after the auction.

thinking of buying property through the court house auction but I want to know if I am still held liable for any outstanding liens (2nd mortgage , contractors....etc) after I have the winning bid

My sister (who is a seasoned investor in CA) and I have started bidding on auctions here and are currently waiting to hear from the bank on a REO.

I know as an investor it is best to try to purchase a property from the owner in the NOD phase, however there is a property in the Notice of trustee sale and has an auction date set for 8-23-13.

My first love is investing and will soon acquire more properties in the upcoming tax auction.

Is it more of a 'requirement' to attend auctions?