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A Day at a Foreclosure Real Estate Auction

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Uploaded by on Jun 24, 2009

HGTV FrontDoor.com's Annalisa Burgos takes you inside a foreclosure real estate auction of homes in the New York/tri-state area, where investors and first-time homebuyers are looking for bargains.

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  • Fail to mention that these house have an inflated "previously valued" price, a reserve price that is often not met, and they will cash cash your down payment money and you find out two weeks later that even though you were the high bidder, the bank did not accept your offer and you have to try to get your money back.

  • This video is enlightening, but honestly you can still make a fair deal of money in the real estate market. I looked at a book found here

    howtomakeakillinginrealestate

    dot com

    

  • Really informative video!!

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