Users must still register to post listings, bid on properties
New portal explains real estate auction process
App includes more than 1.5 million preforeclosure, auction or bank-owned listings
Don't get stuck paying for settlement agent's mistake
Lawsuit possible if new owner fails to pay assessment
Founder tests bidding service in Arizona
Owner will donate any amount above $2.5M list price to Japan relief
REO inventory continues to rise
Investment can be low-cost, low-risk, but highly competitive
Realtors can list foreclosures, REOs for bidding
From The Real Deal