How do you know when a house is up for auction. is it when the sale sign is up or is that only when a realtor?

Question

sells it. thanks.

Answer 1

.  You get a list of the "auction" houses at the County Recorders Office. They are very helpful.  You must pay cash at the auction. Cash. No loans. No 30 day closings.  That is why no one bids at them.

Once the bank owns it (after the auction) the realty sign goes up.  The price should be attractive. One warning. The seller won't pay for any repairs.  99% of all mortgage companies require repairs for you to buy the house. That is a huge problem.  It can kill a sale.  No one will budge and , no, you can't go in and fix things. The bank won't let you.