Tag: auction disadvantages

Buying a Home at Auction

Buying a home at auction has been a growing trend, even though it just a small percentage of residential sales. Since the recession in 2009, buyers have seen auctions become more frequent and have noticed that this is a faster, simpler way to buy a home. It does come with some risks to the buyer, […]

Selling a Home at Auction

Selling and buying your home through an auction has been a growing trend. Sales for 2008 totaled 56.8 billion dollars, according to the National Auctioneer Association, and the trend is growing, although still a small percentage of total residential sales. There are 3 kinds of auctions: 1. Auction without Reserve: Also called an Absolute Auction, […]