There will be an agent (from the ads u saw) to assit you once u identify the property.

I can't remember where to i see the info
Basically u need to inspect the property as it sell "as it is" basis
Land search
Prepare 10% or maybe 5% deposit (Bank Draft)
Go go auction and get the property...

There are many people invest on property for their living...
hidden issue / things such as dead bodies, drugs, etc is not common.
but pending utilities bill is very very common.

If you used to bidding auction property, it won't be so difficult as what other says...

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Added on January 10, 2009, 10:01 pmanyway, Good luck and happy bidding

This post has been edited by cody99: Jan 10 2009, 10:01 PM