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Tagged "New Info On Auctions"

Nevada

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Nevada

More Information on Auctions

Dec. 26, 2008

Categorized in: The Buying Process

Tagged with: home auctions, lawsuits, new info on auctions

In October of 2007 I wrote about Home Auctions and how to go about it and what to watch out for. If you missed that post you can read it here. This morning I read another article that concerned me and so wanted to give a heads up. I will do the link for the whole article but in a nut shell. A suit has been filed in California on behalf of three people who claim deceptive advertising practices, and at the closing table a whole bunch of fees and other types of service fee's. This was in California but that does not mean it is not happening in Nevada. Read the whole article here . Just another reminder of read everything, ask many questions. Ask to see the paperwork you will be signing should you have the winning bid. Auctions can be a good deal for buyers but it is BuyersBeware.

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