how can i buy a house in public auctions? / myLot

Canada

January 30, 2007 9:35pm CST

I hear about a great money that people make buying houses in public auctions and selling it after. some bady have experience in this. Is really that good business???????

2 responses

soadnot

@soadnot (1606)

• Canada

31 Jan 07

prolly, but you gota out start rich and it doesnt need to be auctions cuz prices for houses always go up anyway

Almapar

@Almapar (3)

• Canada

1 Feb 07

yea, you are r real state is a good biz but if you don't have $$$$ can start in aution where you can buy for low low prices and sell with a god proffit. where can I get all this information o somb with experienceeeee??????????????

soadnot

@soadnot (1606)

• Canada

9 Feb 07

i guess you can buy on ebay

lucgeta

@lucgeta (924)

• France

10 May 07

You'd better start buying very cheap in bank or gov auctions. Rememebr that these properties are being auctioned because someone couldn't pay for it. Be sure to offer low - maybe 10 or 20% of the ask price. Then you had to sell it or finance it to someone else, a buyer or investor. Start local is good so you can see it in front of you and go easy.