Hi Erika, read the fine print on the auction site & literature, the best information is always there. These properties are usually sold as-is with no contingencies which means you will likely not be allowed to perform a home inspection. Termites can be a major issue, as well as electrical and plumbing. Although you have the opportunity to get a great deal, these types of "blind" purchases are not for the faint at heart. Be sure to have plenty of reserves $ available once you become the owner for any issues that may arise. Additionally, I agree with Charles, do not limit yourself to Auction properties, there are plenty of bank owned (foreclosed) bargains on the MLS as well. You do not pay Realtor commissions in our area so hiring a professional Realtor to assist with your MLS purchase will not cost you anything. If you would like me to email you some REOs (Real Estate Owned=Bank Owned) properties available for purchase, please contact me through my Trulia profile. Kind regards.