Buying a house through a police auction? - Printable Version +- Business, Investment, & Insurance Forum (https://investmentforums.net) +-- Forum: Investment Forums (https://investmentforums.net/forumdisplay.php?fid=4) +--- Forum: Real Estate (https://investmentforums.net/forumdisplay.php?fid=9) +--- Thread: Buying a house through a police auction? (/showthread.php?tid=385) |
Buying a house through a police auction? - Ja sa bong - 11-05-2023 Would you be willing to purchase a house or any property through the police auction sales? I've witness those who bid for cars and houses in such auction. They buy those people's properties at a very cheap price. Would you buy any property through this method? RE: Buying a house through a police auction? - andrew - 05-29-2024 Buying a house through a police auction can offer significant discounts but involves risks like hidden liens and limited property inspection. For example, a foreclosure in Los Angeles might be cheaper, but potential legal complications and property condition issues require thorough due diligence. I will never consider this option RE: Buying a house through a police auction? - Heatman - 06-13-2024 Nope, I wouldn't be interested in buying my house this way because I know there is a chance of the house not being what the real owner is willing to sell it and probably the house was taken from him by force, so I wouldn't want to get into the kind of business. |