Caveat Emptor: Real Estate Auction Buyers Beware
Buzz Cube • September 8, 2023
When the auctioneer says, “Going once, going twice, sold!” and the gavel comes down at a real estate auction, that’s it: The property is sold and the buyer is committed. An auction is an auction, and transactions are final when that gavel bangs ― consumer protection laws do not apply.
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