I know absolutely nothing about real estate or about sheriff’s sales. I know nothing about the condition of her home besides what I can see. We live in a low-cost area with lots of OLD homes (some are 100 years old). I’m hoping i can get in there cheap. But, I just don’t know if there’s any hidden fees or hoops to jump through.
Do I have to anything special to get into the auction? Is there etiquette to bidding on it I would also assume the liens come with the property, right? So, how would I know how much that is? Am I right in assuming it wouldn’t be up for sale in this situation if there weren’t liens? Is there any precautions I should take?