In some states, the former owner has a "redemption period" where they can buy the house back by paying off the debt, even after you've "won" the auction. Critical Risks to Monitor Risk Factor No Inspection

Most platforms require pre-registration, proof of funds, and sometimes a refundable "bid deposit" just to participate. The Bidding Process:

Sellers often have a hidden minimum price. Even if you are the high bidder, the sale may not be finalized if the reserve isn't met.

It can take several days or even weeks to receive the official title certificate. Do not start renovations until you have full legal ownership.