Auctions

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Auctions Foreclosure and Sheriff’s sale: Why the lender gets the house. Every so often, you’ll hear about buyers that want to buy property “at the courthouse steps” in an auction as part of a foreclosure.  Almost all of the time, the lender gets the property. Why? More often than not, the minimum bidder the lender will accept is more than what the property is worth.  Just […]
Auctions Foreclosure and Sheriff’s sale: Why the lender gets the house. Every so often, you’ll hear about buyers that want to buy property “at the courthouse steps” in an auction as part of a foreclosure.  Almost all of the time, the lender gets the property. Why? More often than not, the minimum bidder the lender will accept is more than what the property is worth.  Just […]
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