It is very critical that you are familiar with the pits falls in buying a the steps. While you study more about the pros and cons of buying at the steps, it would be a good idea for you to go to several sales as a spectator, and get a feel for how things work on the surface there.
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Suggest you read tons before you buy on the Steps. Look in the Yellow Pages under Title Insurance.
If you are a 'freshman' speculator, then you might want to consider an REO.
Hi Strat,
It is very critical that you are familiar with the pits falls in buying a the steps. While you study more about the pros and cons of buying at the steps, it would be a good idea for you to go to several sales as a spectator, and get a feel for how things work on the surface there.
Best of Success!
BAMZ