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Foreclosures cast a bitter toll but where some see a chapter closed , others smell a diamond in the rough. Now 'bidder' rivals in Phoenix, Arizona face off as homes go - sight unseen - on the auction block in an all new series.
Top review
The Low down
Yes, its a show, Yes its a bit of pop culture. What show isn't? I personally work at the foreclosure auctions every weekday and know exactly how it works.
These investors on the show are all real investors and if you go to Arizona you will see them everyday bidding. You DO NOT get the lists weeks and months in advance that a lie. You get the lists the day before the auction. You have about 12-15 hours to do your due diligence before the auction, and Yes they are literally at the property sometimes when the bidding commences.
Most of these investors run bidding companies to help and buy for other investors. No, they don't get keys, the producers key the entry's after purchase. I mean come on, be serious. If ANY show was 100% accurate it wouldn't be a show. Even documentaries are edited and somewhat scripted. What they are showing you is how the auctions are structured. I encourage anyone to go to Maricopa county and watch the auctions, its public. I hear so many on here complaining its not real. Name one show that is? There are multiple auctions as well everyday in Maricopa county. What a bunch of haters.
These investors on the show are all real investors and if you go to Arizona you will see them everyday bidding. You DO NOT get the lists weeks and months in advance that a lie. You get the lists the day before the auction. You have about 12-15 hours to do your due diligence before the auction, and Yes they are literally at the property sometimes when the bidding commences.
Most of these investors run bidding companies to help and buy for other investors. No, they don't get keys, the producers key the entry's after purchase. I mean come on, be serious. If ANY show was 100% accurate it wouldn't be a show. Even documentaries are edited and somewhat scripted. What they are showing you is how the auctions are structured. I encourage anyone to go to Maricopa county and watch the auctions, its public. I hear so many on here complaining its not real. Name one show that is? There are multiple auctions as well everyday in Maricopa county. What a bunch of haters.
helpful•82
- knutsoninvestments
- Jul 22, 2013
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