If you have the cash to make a purchase and would like representation, your best bet is to speak with an agent who is experienced in this area and negotiating a fee for services. For the educated, patient and well-funded buyer, there is certainly an opportunity to get a good deal on a property.
Lance King/Owner-Managing Broker
Read the fine print. Anything goes. What may be customary should provide you no comfort. In a foreclosure that 19 page addendum rewrites the purchase agreement, significantly. In an auction you need to know you are participating in a circus. Don''t forget what circus king Barnum said, "There's a sucker born every day."
Be cautious, thoroughly complete your due diligence, and don't be manipulated.
YOU could end up paying EVERYBODY! ...... and leave without a house.