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The Fact: 90% of cheap property is sold at auction.
Dear Internet Friend,
Did you know that every year thousands of USA real estates are sold at significantly below market value? The majority of these real estates are released through property auctions where regular savings of between 10% to 90% are available to market value. Even so, real estate auctions continue to be used only by the elite and for the astute buyer/investor this generates a fantastic opportunity to secure a dream home/good investment at bargain basement prices.
For example, at a recent auction a studio flat was sold in New York for a mere $9,000! In another, a 2 bed flat right on the west coast with a market value of up to $80,000 sold for just $30,000 at auction. And those are just a couple of examples of the bargains that people do find at real estate auctions.

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