Sunday, December 7, 2008

Do your homework before home auctions

"See a 3,000-square-foot home, built in 2005, on the auction block with opening bid set at $50,000. Or a possible rental property, built in 1962, with an opening bid of $10,000.

It's enough to make your palms itch.

But before you raise your paddle, the auctioneer seems to be raising the price without any bids."

Click below to read more...

Do your homework before home auctions

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