Friday, November 16, 2012

Auctions and real estate real estate auctions?:

'via Blog this' 
I'm seeing real estate auctions signs in my town. Has anyone here ever dealt with them? The terms says the auctions are subject to owner approval and that there is a not refundable 5% deposit.
A quick google is showing more problems than not. Seems like a good way to steal deposits and then just have the bank reject the low bids.
Is this website a complete scam?

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