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Homebuyers can find great deals at auctions. that you can pay considerably less than fair market value for a home if it is in foreclosure. FREE Listing Alerts..Find and bid on Residential Real Estate in California. Search our database of California Property Auctions for free!.REAL ESTATE MARKETPLACE. We are focused exclusively on the sale of residential bank-owned and foreclosure properties. RECOMMENDED FOR YOU..Hubzu, the Easy Way to Buy and Sell Homes Online. We 've sold tens of thousands of homes through our secure online marketplace. Search Hubzu listings..

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    What is a Foreclosure Auction? A foreclosure auction is a public sale of a property that is being sold because its previous owner failed to pay back a debt. In most cases, foreclosures happen when a homeowner defaults on payments of their mort.e loan. However, a foreclosure auction can beed for if the homeowner owes a .

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