321K views · 788 reactions | What happens at a foreclosure auction?...

18K views · 76 reactions | Attending foreclosure auctions is a...

In the world of foreclosure auctions, real estate investors are always hunting for promising properties up for grabs. These auctions, usually run by banks looking to sell off defaulted properties, involve a tug-of-war between eager investors and the starting prices set by the banks. Investors carefully assess property values in advance and bid cautiously. Interestingly, there are times when the initial prices set by the banks are higher than what investors are willing to pay, creating a tricky s