Auctions - Posted by Juhi Shah

Posted by Lyal on September 23, 2003 at 15:23:17:

I’m pretty sure others will chime in here but…
I’m assuming you’re talking about a foreclosure auction. Not really the place to be cutting your teeth. Easy to get yourself beat up pretty bad. Remember, just because you win the bid (if you bid)in many locales you do NOT own the property. There is a redemption period where the owner can get the property back.
Check this link:


and these:


All the best,Lyal

Auctions - Posted by Juhi Shah

Posted by Juhi Shah on September 23, 2003 at 14:03:55:

I live in NJ and am pretty new at this – I am planning to attend an Auction on 10/1/03 – any advice?

Should I go alone or take a RE Attorney eith me –
Any thoughts/experiences/advice appreciated –