*Their "Previously appraised at" prices is the highest value the property has EVER been valued at, not the current value. The property I was bidding on had the previously appraised price at 145,000. I stopped bidding at 65,000. The auction went to 75,000 and closed without the reserve being met. The second auction on this property ran up to 95,000 and closed without the reserve being met. The bank finally relisted with a real realtor and sold for 65,000. A far cry from 145,000.
*You are mostly bidding against the auction site. They run the price up during the auction.
*They will wait until the last 60 seconds of the auction to outbid you and add more time to the auction to continue running the price up.
*You will have to fight to get your deposit back from them when you loose on bidding, sometimes up to 4 months.
*No one I know will used these types of servics.
*You are wasting your time with this site.
*The only reason I gave them 1 star is becasue I couldn't find the "0" star button on this site.
*THIS IS A SCAM