Learn even more about buying a house at auction: https://www.quickenloans.com/learn/ho...

If you’ve been trying to buy a home during the last few years, you know that it’s hard out there. Even as demand eases in the current rising interest rate environment, housing inventories are low, prices are high and even seasoned investors are having trouble finding bargains.


You may be thinking of stepping outside the traditional home buying process to find more house buying opportunities. One route you may be contemplating is buying a house through a real estate auction.


Let’s look at what it means to buy a house at auction, how the process works and the pros and cons of this tactic.