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re: Anyone familiar with land auctions?

Posted on 10/8/21 at 10:30 am to
Posted by baldona
Florida
Member since Feb 2016
20628 posts
Posted on 10/8/21 at 10:30 am to
quote:

My issue is that it is being sold by auction.


Is it on one of the auction websites? Its likely a foreclosure or something like that? Those auction websites have a very very specific game that you have to know how to play. They often are not that good of a deal or a terrible buy (too high) in the first place. Banks used to put them on there before listing on the actual market.

If I remember right if you were within a certain price like (20%) they would allow you to make an offer at the end if no one hit the minimum.
Posted by mach316
Jonesboro, AR
Member since Jul 2012
4784 posts
Posted on 10/8/21 at 1:22 pm to
I made a thread about this on the outdoor board as well. Here's the link to the auction.

LINK
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