The transaction, which occurred after a foreclosure auction 10 years ago, took about five minutes.

It is one of 10 buildings he has bought at foreclosure auctions in the last 15 years.

Yet despite the pitfalls of foreclosure auctions, people do make money from them.

In January 2011, the house was sold in a foreclosure auction for $5.8 million.

The landlord bought it several weeks later at a foreclosure auction for only $400,000, the report said.

On February 18, 2010, the domain name was ordered to be sold at a foreclosure auction.

New York Life became the owner in a foreclosure auction.

At the beginning of last year, the home was sold at foreclosure auction for $106.000.

The foreclosure auction on that is set for Feb. 11.

Are you savvy enough to grab a deal at a foreclosure auction?