I find the auctions scary - you have to make the decision very fast with less information. Also with foreclosures, the bank often requires you to sign away any rights to back out of the transaction and make a commitment to buy regardless of later issues with the house or title. This is even more scary considering that people sometimes sabotage the property that was taken from them, or at the least the house might have been unoccupied and not maintained for a time - which can be worrisome with our winter climate.
no subject
Date: 2009-09-21 05:32 pm (UTC)