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SignUp Now!I don't have much experience in buying real estate auctions but buying a property that is auctioned may be risky for you. You have to avoid this kind of property, as the responsibility to evict the squatter from your future property will fall on you. This has to do with the fact that auctioned properties are sold on an ‘as is where is basis. Consequently, the buyer inherits everything, including encumbrances.Does anyone have experience in buying real estate thru auctions? what are the risks involved? Are any agents available to guide the buyer on this kind of transaction?