House Auctions?

[MoneyHoney]

Has anyone purchased a home through an auction? I'd be interested to know what your experience was.

I'd like to purchase of a home for myself and this might be an option to consider.

[greedy4chips]

I have not, but if you have watched any of the "Flipping homes" shows on television you can see many of the negatives of purchasing homes at auction.

I would always have to question why did the home make it to auction versus regular home sale. If the home was a foreclosure then I would tend to believe the people did not have the means to maintain their home properly.

If there was a death of the homeowner/family then I would tend to believet the home would be in much better shape.

I would certainly expect to have to do renovations in most cases though.

[zakity]

We are thinking of moving. We have discussed looking at foreclosed homes because of what we want and what we can afford.

[carsensejoe]

if u feel bad for people and u dont buy it someone else will......