Your Questions About Ebay Real Estate Auctions

Mary asks…
Ebay Real Estate Auctions…?
This may sound a little uneducated; nevertheless; what is the deal with the Ebay real estate auctions beginning at $.01? What fees are the buyers responsible for? I never shop on Ebay so it’s pretty new to me. I recently heard about good deals that were actually legit and such on…

richermo answers:
EBay real estate auctions are non-binding. They’re the only tye of auction that works that way. It’s meant to get buyers in touch with sellers, but the price is not firm or binding, as due diligence still needs to be done (inspections, check for liens, etc).

Jenny asks…
What is the best way to find a condo to buy, in another State?
Every real estate office specializes locally. I cant seem to find a foreclosure on the net, because everything seems to be fee-based just to find what is available, and then you have to travel to an auction somewhere. Do I have no other choice than to bid on Ebay real estate auctions? Thanks~!

richermo answers:
Http://www.realtor.com/
best real estate site I’ve found
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