SD Realtor -I agree, all issues with respect to contingencies, financing, disclosures, etc are strongly tilted towards the seller. Why subject yourself to this as a buyer, when in the current and foreseeable market these items are strongly in your favor. It would have to end up being a tremendous bargain to jump in now. I doubt the reserve prices in this auction will be low enough to make it worth attending this time. We’ll see. It bears watching, though. Maybe I’ll go to one of these in 2008.