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Parent Category: Real Estate

Real estate auctions are a means used to convey real property from seller to buyer. Potential buyers assemble, register and then participate in competitive bidding mediated by a licensed auctioneer. With recent trends toward more innovative strategies regarding the disposition of real estate, there has been a re-emergence of the auction method and with it a wider acceptance of the process.

Opportunities for real estate deals are everywhere. You can find plenty of real estate deals by using online auctions. The inventory of bank-owned homes on auction sites is at an all-time high. If you decide to use an online auction site, in addition to possible user fees, there might be a few hidden costs in a property for which you have a winning bid. 



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