i'm been checking with banks for those default loans. normally auction properties are lower than the market price, anyone pursued this method before?

auction "START" price is lower but the "END" bidded price may not, others than that, auction property are 'normally' problematic properties ... so only if you reall know properties, its intrinsic value, its fundamental value and the additional work required to add value, then auction is a place you go, else it may not be.

the process of participating properties auction is also a lengthy process ...

but you can always start as to have some fun first without actually bidding .... as time goes, you will know if that is your cup of tea.

have you tried auctioning before?

i was looking for partner to start this biz, managing properties etc..

still looking for the best options..

well yea auctioned properties can be lower then the market price.. but ever thought of the payment method for auction ? and if someone is desperate for that item..it can soar way above the market price as well

well, it's for investment, not that we are desperate, i guess we have time to look for good deals