USHomeAuctions.com

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USHomeAuctions.com Reviews

Homer June 8, 2009
Bad service
Click on register and it asks for your personal info. Only after you fill in your info will they give you any information and the minimum bid could be way higher than the original stated bid on Realty Trac's site .. AND .. there's a secret reserve price you're not privy too ... PLUS

1. You need to provide 5% earnest money and have all paperwork done for a 21 day close or you forfeit the money.

2. This is not an absolute auction -- like a regular auction. The properties has a reserve and the lender/seller has 15 business days to decline the winning offer. If they decline, you get your earnest money back in a few weeks or months.

3. Again, you will never get the starting price on the property. There is a secret reserve that must be met. And the seller or REDC will not tell you the "secret reserve."

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