by Think_about_it » Thu Oct 21, 2010 7:47 am
For example if someone has enough cash to buy a house outright without bothering with a mortgage, what's the best way to go about it? If they buy at auction, are there a bunch of fees and back payments from the previous borrower that are tagged on? Do only the least desirable homes that weren't able to sell through a short sale go to auction? Any insight would be appreciated!