Auction.com

But you absolutely CAN buy a $200,000 house for $120,000 cash on Auction.com. Auction.com is great. The site sells REOs online using exactly the same M. O. you see at sheriff's sales on your local courthouse's steps: and, like auctions on your local courthouse steps, (...) for any given property there may be 2 actual, serious bidders and about 20 poor saps who showed up honestly thinking the bank was going to sell a house for which it's $120,000 in the red to some poor JimBob for what was advertised as the $30,000 'minimum bid' (snort) price. It won't happen. Not on Auction.com, not anywhere.

YES, fools, Auction.com WILL bid on behalf of the bank or sellers until the 'reserve' price is met. If you think that spells 'scam,' then you need to step out of the game and go back to buying scratch-offs as a long-term financial investment. Auction.com will NOT automatically sell a property to the highest bidder if the highest bid is at a loss to the seller and under the reserve price; this isn't La-La Land. However, the seller might agree to any REASONABLE bid, even if it's under the reserve. You can get absolutely incredible deals here, just don't be thinking a seller is obligated to respond to your ridiculous low-ball bid. All the negative reviews here seem to be from amateurs who really believed they were going to be handed something for nothing. For anyone who is serious about investing in REOs and is ready to throw out the funds required for such an undertaking, Auction.com is an absolute godsend.

Agent was quick to answer my question. Better than calling the phone number. I could not find the answer to my question over the phone, but the chat feature answered it quickly.

My auction.com site live chat person, Kristal H, was very informative and had a quick response. I was wondering since the property was listed as vacant, why would my walking around be considered trespassing.

You like the deal.? Well you need to put some thought into it. Auction. Com is legit company, posting property for bank, owner, investor who can ALWAYS change their mind. Your job is to find property, if possible look at it and bid.Sign contact and follow the process and HOPE for the best. You need to know that sometimes your point of contact is man in Chicago and you are buying in Texas. Different law, marketing etc... Auction.com will answer EVERYTHING and discuss what they can see but AGAIN it's up to the bank to SAY last word. Please use it I did in 2007 and was THE BEST DEAL EVER.

Tyler was very courteous and suggested some info from the Help Center may be available. I will probably need to give up on the property/asset that I've saved because I can't wait much longer for it to clear for auction. I've purchased 2 others from auction.com, but they were online auctions and this is a foreclosure in person that just doesn't seem to be going anywhere with all the delays.

I was helped by tyler, he answered all my questions, he was very patient. Thank you, great experience.

I am a real estate agent, but have not used this site for a few years. The chat assistant was extremely helpful.

I had a ton of questions that I had which were realllllly dumbed down becauseI didn't even know what a title company was or a lien etc or how anything worked when buying or being in an auction and he was such a pleasure! I am sure it was not easy for him to answer all of my questions because Im sure most already know these things but he said questions are essential to learning and being a teacher thats also my philosophy! He persisted and gave me all the info I needed!

The person helping me via chat was great. They answered all of my questions and then some. You could tell they really wanted to help and didn't rush you as some chats do. They were great!

She answered all my questions quick and to the point! What a great asset you have. Do not let her go! Give her a raise and a better parking spot asap, so that she stays and gets to do her job faster. Your company needs a clone army of this customer service rep right here! It would be worth your time to clone an army of her and raise them to help your future customers! A+++

Took the time to answer my questions and make me feel comfortable in knowing that I fully understood everything that I needed to know to go forward with auctioning process

Great service! Prompt, courteous and polite. First time working with these folks. No other comments right now.

Great help, they answered my questions and showed me where to get the information I was needing.
I would recommend them to others.

I had a question about earnest money and showing proof of fund. It was quick and easy conversation.

I'm new to this and it was quick and easy to get the information I needed.The property I'm looking for isn't listed yet, but I will be back! :)

I'm new to the site and have had a million questions. So far, live chat has been amazing every time. Giving clear understandable answers.

Tyler was wonderful. He knew the process and I didn't have to wait while he looked through info for the answers, which is usually the case with online chats.

I had some auction questions. Tyler was knowledgeable and very helpful. And pleasent.

Was a surprisingly pleasant experience... short and sweet. My question was answered professionally and directly. Thank you

Customer Service Agent Kristal was fantastic and answered my questions clearly and concisely. It is nice to know that I can receive a quick response to my questions.

Patient and polite, working through a registration issue which actually was the bank's problem. Thanks,

I was super nervous after reading all the bad reviews on here, but my experience was great. I think the people complaining have no clue how the auction process works. Auction.com is just the middle person, all these house are bank owned. You have to do your due diligence. The process is as good as you make it. We had a few issues with paperwork,(zip code was wrong), and I did have to make multiple phone calls to get it fixed but everyone was super nice, and communication was prompt. Some people might be angry that multiple phone calls where needed to fix the problem, but I bought this house for ten's of thousands under value, so I don't mind doing a little extra leg work. I wouldn't hesitate to buy another property through auction.com!

It was very good, the rep didnt try to give me a short answer and get me off the chat. They were knowledgeable about the questions i was asking and pleasant.