I have found a site that allows you to "silent bid" on properties at auctions and you get the result whether or not you won when the auction takes place. They give you the address and all and you can go look at the property.
So my question is this. I have never dealt with public/tax auctions. Is it a good or bad idea. I know all of the houses are sold as is. But so do REOs, or am I wrong?
I have heard that you can buy a really good house for a fraction of a price at these auctions and I know people who do just that - buy at auctions and flip it.
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