Williams and Williams Auction is a national company that auctions real estate. They have a contract with the Federal Government to auction some foreclosure properties. These types of properties are an opportunity because I have found the auctions are poorly promoted. In addition, people who are not computer savvy complain their website (www.williamsauction.com) is cumbersome and hard to use.

Because it’s a little bit different approach than people are used to, many people get frustrated and move on to something else. You can simply have your realtor do all the computer work for you. The problem is that the selling realtor doesn’t make much money on these deals, so with all the hassle it’s hard to convince them to do the work for you.

But it’s well worth keeping an eye on this site. Last year, I bought a 3 bed 2 bath house for $10,000 from this site. I couldn’t believe my good fortune. I ended up selling the property and making a quick $8,000. Not bad for not doing one lick of work on the property.

So take a look at what properties are on this site for your city. If you are in a high-forclosure state like Michigan, Florida, California, or Ohio, you will probably find dozens of properties.