Home Buying in North Raleigh>Question Details

lcarter1043, Home Buyer in Northlake, IL

There is a townhouse going for auction on Feb 5 in N Raleigh off of Creedmore rd. Starting bid is $15,000. Need address and info!

Asked by lcarter1043, Northlake, IL Sat Feb 1, 2014

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If this is a foreclosure auction I would recommend caution, extreme caution. First of all you have no idea what you are buying There is no chance to see the interior of the unit prior to the auction and no chance of doing any kind of home inspection to look for latent or hidden defects. Auction investing is for seasoned professionals only and I do mean SEASONED! If you want to invest it's best to first get some experience by doing pre foreclosures, foreclosures, estates or other distress sales.
0 votes Thank Flag Link Sat Feb 1, 2014
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