Hire a real estate lawyer. No matter how experienced your agent is, they can’t take the place of a lawyer. (A real estate lawyer can’t replace a great agent either.) Good luck, and be careful out there! Buying A House At Auction: What You Need To Know Before You Bid This article was written by Victoria Araj who is a Section Editor for Rocket Mortgage, the country's largest mortgage company. www.rocketmortgage.com Everyone loves a bargain. Sometimes though, a bargain isn’t a bargain – it’s just a waste of money. And if you’re thinking of buying a house at auction, it’s imperative that you know the difference.
Why Are Some Properties Sold At Auction?
My investors purchased the above 7 unit building at auction for $325,000, renovated it and then rented out the 6 residential units to students from a local College.
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