I am only going as a observer. Has anyone actually bought a foreclosure at a sheriffs or trustee sale? I am going to the one our county will have in on Tuesday 6th of Sept. I realize you have to do your due diligence but what if there are several properties your interested in, how do you find out about any liens before you bid?
Also, does the bidding start at what is owed on the note and any other fees that have accrued or any number, say a dollar? Any insight would be very helpful. I want to go just to get a feel for what goes on at these auctions and also to make contacts, perhaps find a mentor and even pay him or a her a consulting fee for showing me the ropes.
Thanks for any info,