The auctions are just as dry as the MLS and wholesaler deals. 

It is not uncommon for auctions like this one to get rescheduled multiple times before ever actually making it to the courthouse steps. 

So are you spending $100s of dollars per property prior to the tax deed auction for title research? 

Quote from @John Friendas: Quote from @Chris Seveney: When buying at auction you will have zero ability to sue (and win) an auction site if information is not correct.  

The hot tub gets all the praise haha. 

The first mortgage will provide a payoff to the sheriff/court and the funds from the auction go to them.

When it comes to these types of auctions by the sheriff, is there a waiting period that must be observed before rehabbing/renting the building post winning the bid?

The law firm handling tax foreclosures for the county put the tennis court lot up for auction.

You can usually request this from a title company or look into public records in your county’s clerk or recorder’s office.If you’re not sure how to navigate this, contacting the auction house or a real estate attorney familiar with foreclosure auctions can help ensure there aren’t surprises.

Check 4 weeks prior to your counties trustee auction date for new inventory.