“OR the lenders will market them appropriately when they put them on the MLS the first time. Most of the properties at these auctions have already been through MLS cycles”
can you expand on this more?
Also you described that short selling is a pain. I am not sure I know what short selling is or why it is a pain (I have plenty of time). If the outstanding loan balance on a property is $500k (REO that the bank is asking $550k) and I offer $400k is that also considered a short sell?