Here’s a brief video showing how homes in default are auctioned on the courthouse steps in Redding California. This video came about because a home our client had in a Short Sale was suddenly scheduled to be auctioned here before our client could purchase. Nobody at the bank would agree to delay the auction while the offer was being processed, so I went to the scheduled auction to see it sell, and for how much. Inexplicably, and luckily for my buyer, they delayed the auction 30 days at the last minute. So our Short Sale may yet succeed. Anyway, here’s how it looks at an auction, if you haven’t seen it. After they are acutioned here, most go on to appear as REO homes, and you can always check the most interesting ones daily at the Redding Area Foreclosure Deal of the Day website.