These are public auctions of property in foreclosure. If no bid covers what's owed on the house, the lender takes ownership of the property. "It takes a pro to buy a house on the courthouse steps. On ...

When I used to think of auction houses, images of stuffy men in tweed jackets, monocles and dusty antiques sprung to mind. No way would I humiliate myself in such a setting with numbered paddle in ...