Rob you buy the house without any inspections or viewing it except what you can view from the street. Lenders will not have a lot of input on this as you can not get a loan without an appraisal and you can not get an appraisal without going inside.
In Butler County you need to have 10% cash on the day of the auction and the rest within 30 days. If you can't pay the other 90% you lose the 10% auction fee and the property gets resold.
Have a title company check title for you before you bid and remember the bank will bid up to the judgement amount normally, not that minimum bid B.S. that is posted on Jones site.
Go to one or two auctions before the property you want comes up to see the flow and how things are done.... more