Property Q&A in Winsted>Question Details

Theresa, Home Buyer in Lester Prairie, MN

If this is $1.00 I'll take this right now. Please respond

Asked by Theresa, Lester Prairie, MN Sun Oct 31, 2010

What's the catch

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Hi Theresa,

Auction properties are recognized in the MLS by their $1 price and have their own process to follow for purchase depending upon what company is conducting the auction. I would suggest contacting an agent in your area to discuss the difference in buying properties using this process. There are some great opportunities and some additional risks so you want to have a professional to guide you through the details.
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0 votes Thank Flag Link Sun Oct 31, 2010
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