REO’s, auctions, etc

[djc]

I put this in another thread in a different forum. I decided to post it here as this is a more relevant forum.

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I’m interested in the whole foreclosure/auction process.

Where can I learn more about the process? I know RealtyTrac will tell you the auction datea for $10/wk, however that’s a bit steep, at least for my casual interest at this point. Any other suggestions?

My concern is buying a house at auction with hidden costs. How does one know there isn’t a second mortgage or other lien on the house? The house above requires an EPA study, etc.

I’d like to learn more about this now in case I choose to go this route in a year.

school me 🙂

[little lady]

I don’t think those auctions have had many real deals yet? Have they? Wait at least a year………..

[little lady]

I don’t think those auctions have had many real deals yet? Have they? Wait at least a year………..

[little lady]

I don’t think those auctions have had many real deals yet? Have they? Wait at least a year………..

[little lady]

I don’t think those auctions have had many real deals yet? Have they? Wait at least a year………..

[little lady]

I don’t think those auctions have had many real deals yet? Have they? Wait at least a year………..

[Author]

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