Real Estate Auction Sites: Buyers Beware!
So, you are in the market to buy a home and you want to save money by purchasing one off of an online auction site? There are several things to consider before going down that road.
On the surface, the asking price can be very appealing. I’m sure that you’ve heard the old saying, “if it looks too good to be true, then it usually is.”
You may or may not be aware, but many of the homes that are for sale on the auction sites are there simply because they are in such poor condition they couldn’t get sold with the traditional way of a sale.
Many of the homes that you will find on the auction sites have foundation issues, or missing plumbing, electrical issues and so much more! If you do not have a lot of…