It came to my attention that some of the vacant or foreclosure properties in our
neighborhoods could be due to underhanded practices with the online bidding
process.
Bids could be put in by or for a non-existent business or individual. This non-existent entity wins the bid over a willing, interested party. Then since the winner is non-existent the property remains vacant and an eye sore in the neighborhood. The other interested party who is not able to act on this property must find another property of interest to them.
Is this possible? Can they corrupt the process in this manner? What do you think?
Mrs. Tee
Showing posts with label Online Bidding Bids Real Estate Vacant Foreclosure Non-existent. Show all posts
Showing posts with label Online Bidding Bids Real Estate Vacant Foreclosure Non-existent. Show all posts
Wednesday, April 22, 2009
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