At the trustee’s sale on the steps of the Ventura County Courthouse, it was auctioned for $760,712 (with the winning bidder taking on about $12 million in debt owed on the property).

Purchase price: $40 Cash invested: $45 This SFH i bought at auction on a whim.

I bought it at auction and what a ride.

They need to identify which liens will not be cleared if they are not clearing them, like in an auction. 

Hello I am looking into purchasing some auction properties on the courthouse steps with cash and then have a goal of refinancing those properties after they are repaired.

Hello I am looking into purchasing some auction properties on the courthouse steps with cash and then have a goal of refinancing those properties after they are repaired.

People are overbidding at the auctions and Sheriff sales.

They try to get you to bid well over what something is worth so you do not see it as profitable and stop going to the auctions. 

Now there are as you point out some insurers that are what i call fringe or whatever and you usually find them being used by Auction sites and high volume sellers that are looking for deep discounts for their business. 

I bought a property in foreclosure and had a chance to chat with the VP in charge who signed papers at the auction.