My husband and I found a house on Auction.com in May. The bidding started, and before the auction was supposed to be over, the auction was canceled. Then fast forward to December, the same house went back up on auction. It started on 12/19 and we placed a bid. The auction was not supposed to end until 12/26. On 12/21, the auction was canceled. And then by our surprise, it went back up as an active auction. We then placed another bid, and we went back and forth and were the highest bidder at 9:30 am on 12/26 and the auction was supposed to end on 12/26 at 10:26 am. We were excited and kept looking and then at 10:01 am the auction was canceled, AGAIN!
I don’t understand how this could have happened...twice! I don’t even know if this is a house that is in still actually in foreclosure. It seems pretty sketchy. Bottom line is, I would not recommend, and we had a horrible experience, not once, but twice.
Bottom Line: No, I would not recommend this to a friend
26 people found it helpfulLink to this Review
Hi Amy. Thank you for your review. Auction.com provides marketing services for trustee and foreclosure firms and advertises the times and dates where the foreclosure sale will occur. In the event that a defaulting borrower resolves their loan, Auction.com is notified by the foreclosure/trustee to remove these advertisements. Cancellation of a property auction may be due to a mutual agreement, bankruptcy, beneficiary's request, trustee's discretion, or operation of law for example. Please let us know if you have questions.