Sunday, March 10, 2013

how to buy at auction - Zillow Real Estate Advice

Bank Foreclosure auctions? Private Auctions? Auction websites?? and the list goes on and on.

If you can be more specific, you will receive a number of replies.??

In general Auctions do?not give you clear title.? You receive a Certificate of Title.? No title insurance or policy.??Subject to Municipal, Utility, and IRS?liens.
You could get stuck with a property that owes more in liens than it's worth.

Source: http://www.zillow.com/advice-thread/how-to-buy-at-auction/481992/

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