If you are competing with hedge funds you are either looking at listed properties or auction properties.

So, with NO intent to hijack the thread (you must read to the end to see that I do not) I offer to @Andres Piedra and you, the following FEW things that I did right and the many that I'd do differently.........in no particular order....they are ALL important in their own way:Find TWO things/actions to praise for every thing/action you must correct or punish.

Of course, there are also properties that would be a mistake to buy at any priceI recently bought a multi unit at auction.

@Chris Piper Thanks I'm actually trying to look up a property in Philadelphia, I'm trying to research a specific property that is going to be auctioned off the city will be erasing all city tax and water bills but all other liens will be transferred, so I'm trying to figure out where I can find that.

A REO is a bank owned property after the short sale period has passed, the property has gone up for auction, the redemption period (if any) has passed and then it has been listed by a real estate agent.All offers must be submitted through the LA.

@JH the problem is I bought the house from an auction in which i paid $1. what do I do now?

Are you sure it's the trustee/foreclosure auction?

Perfectly healthy praise the lord.

Using legal methods and investment strategies unique tactics have been developed to unwind auction sales and even place the borrower in a "better" position than if the sale were postponed.

I could also take a look at liens (mechanic's liens, tax liens, second or third mortgages) so that I could determine how encumbered the property I wanted to buy was.Zillow also shows the last price/date of a purchase, but I could download an entire ZIP code in Excel and use the data.My strategy was to get houses before they went to auction, which was a three month process where I lived.