Courthouse Foreclosure Property Auction: DROdio Attends

We attended several courthouse auctions to highlight how the home foreclosure and auction process works. Includes extended commentary from auctioneer and interviews on auction process
Video Rating: 4 / 5

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25 Responses to Courthouse Foreclosure Property Auction: DROdio Attends

  1. richmanpoman1 says:

    Obviously things have gotten worse with about 2 million foreclosed on…wouldn’t you stop to consider how the banks have become evil scum and unwilling to work with homeowners who have fallen on difficult times? You act as though the occupants don’t deserve to be inhabiting the home they PAID for. THe banks are to blame being greedy and not considering refinancing nor any load modifications. They will eventually pay for what they are doing to American families.

  2. Joan Fairbanks says:

    Great video! Foreclosures are a great way to invest in Real Estate, there is some risk, but if you work with a reputable Trustee Auction company, you can minimize that risk; Check out our channel for more information regarding distressed properties and the home auction process in AZ.

  3. Everett Grover says:

    I truly won’t hold the house whether or not this wasn’t to satisfy your needs. Be aware of inspiring video that you just shared.

  4. kwazadilla says:

    In AZ, properties not sold a trustee sale revert to the bank and then enter their REO program, they do not go back to trustee sale

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  6. mveincen says:

    The part that is not discussed is that the Trustees often auction homes which are in litigation and considered VOID SALES; which means you put up your money purchase the home only to find out sometime in the future (one day or even years later) the OLD homeowner STILL OWNS THE HOME due to a CLOUD on the title. You MUST get your own Title Insurance to cover you IF THEY WILL and if they won’t you are STUCK.

  7. MsNicaUSA says:

    I want to buy a forclosed home, love the info, renting is a waste of money. The homes that don’t get bids do they go back to auction, and does the price become lower next time?

  8. albyva says:

    They should start the bidding at $1.00

  9. Sergey Shkarupin says:

    Thanks man, very helpful video. Good introduction for those how new to the process!

  10. tenniscalif1 says:

    thank you for the video, very very informative

  11. eliasnavytanga says:

    Thanks Daniel, this is very informative, I’m interested to buy in auction.

  12. mayimbin says:

    THIS IS SOME CRACK HEAD JOKE OR WHAT?

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  15. debkelley7 says:

    Very informative. I live in Fairfax Co VA and saw a group of people a few months ago in front of the courthouse and didn’t know what they were doing. I assume it was an auction for real estate. It’s great to learn more in regards to it. I would love to attend an auction one day. I have purchased cars at car auctions but never a home. And most auction cars come with their own set of problems. For this reason, I decided to go with a new car, but houses are different.

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  17. willdex01 says:

    Dude, this is the most informative foreclosure video I’ve ever seen! I LIKE!

  18. Wurdswurth says:

    Great video. I wonder why they have to have the auction outside.

  19. MrMortgage1 says:

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  20. 838TBone says:

    Interesting to know that auction doesn’t always depict getting a steal/deal…Good to know.

  21. oyemijo says:

    Thank you for posting this. I found this very educational and helpful for those looking to learn how the process works.

  22. moralesimages says:

    Thanks for this video.

  23. RustySledge says:

    Thanks for this information!

  24. EasyFinance says:

    With the right finance provider profitable property investments are within the reach of most people. The credit crisis has increased the number of forced sales and therefore the opportunities massively.

  25. mcd7619 says:

    Excellent video Daniel.

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