Auctions

An auction is a method of sale used to sell a product (house, car, boat, comic book collectibles...) to the highest bidder. A house auction can be a sale option in place of a traditional real estate listing, or it can be conducted by a bank or mortgage company after a foreclosure. Federal, state and tax regulations apply to auctions. Learn more about different types of auctions here.

Featured Auctions Article

Choose Auction, Not Lottery and Not House Raffle, When Selling Your Home

Added March 10, 2009 by Ilyce R. Glink and Samuel J. Tamkin

Thinking about a house raffle or selling your home using a lottery?

While selling your home through a lottery or house raffle may seem appealing, it is illegal in most states. If you're desperately selling your home, you may want to auction off your home instead. Learn why selling a home via an auction is preferable to selling a home using a lottery.

Auctions Videos

Latest Videos

Foreclosure Auction: Is It Always A Good Deal?

September 30, 2008

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(1:30)

Summary:

A foreclosure auction may seem like a one stop shop to pick up a foreclosed property after looking at several. But you can also find foreclosures through a real estate agent and do a market comparison to see if you're really getting a good deal. Learn about one agent's visit to a foreclosure…

Watch Video: Foreclosure Auction: Is It Always A Good Deal?