If you are serious about bidding on a.

Webprepare for the bidding war.

Webhow do you prepare for a foreclosure auction?

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Buyers offer increasingly higher.

Webwhat is the best way to prepare for a bidding war when purchasing a home?

And remember that your auction bid is absolute.

Not so long ago, when the housing market was so frenzied that homes would sell almost as soon as they were listed, bidding wars were a common occurrence.

Webmake sure you research auction requirements in your state before bidding on a foreclosure.

Hill is doing her.

Webbut that month, according to the national association of realtors, 28% of homes sold for above the list price, which is a proxy for a bidding war.

A bidding war is a competition between two or more potential homebuyers for the same property.

Webin a bidding war, multiple parties bid on the same property.

Often, buyers keep upping their bids, driving the home to sell above the asking price;

[toc] bidding wars are already taking place as you can see by the statistics.

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