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Whether you're looking for a foreclosure, a bank-owned (REO) property, or an estate sale, here is everything you need to know before you raise your paddle. The Three Types of Auctions You’ll Encounter
: The auctioneer starts with a published minimum price (e.g., $100,000). All bids must exceed this number to be considered. buying a home at auction
Not every auction follows the same rules. Understanding the format is your first step toward a smart bid: Whether you're looking for a foreclosure, a bank-owned
Before diving in, weigh the potential "steal" against the very real risks. Buying auction properties: What to know before you bid Whether you're looking for a foreclosure
The Ultimate Guide to Buying a Home at Auction: High Stakes, High Rewards
