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2026

how-do-real-estate-auctions-work?-buying-a-home-at-auction

How Do Real Estate Auctions Work? Buying a Home at Auction

Key takeaways Buying a home at auction may give you a lower price, but you could risk overpaying. Auctions are held online or in person, but you’ll need to show proof of funds in advance. Research the property in advance to identify red flags, such as liens or major repairs. The homebuying process involves a lot of steps; however, there are non-traditional ways you can buy a home. One of these options...