doublegunshop.com - home Forums General Discussion DoubleGun BBS @ doublegunshop.com Off Topic - Auction bidding observations

an to youse guys who buy forecloses...shame on you for taking advantage of other peoples misfortune...may you and the usury
money lenders face your day of judgement.. together, sxs...

Yes Ed you are so correct, no one should lend money to people who want to buy houses, and if they do they should just let buyers who do not follow the terms agreed to walk away with the money and property.

With your reasoning we should just get rid of home mortgages. I guess we should go back to Mr Potter's world and tell everyone to wait until they until they have saved the full price of a home before they buy.

You're statement lacks merit and good reasoning as does your automatic defense of any seller regardless of circumstances.

The facts as depicted by the original poster and later again reiterated are not truly addressed by your postings.

Do you support false bids to drive sales prics up?

Don't forget Ed, a real estate investor only arrives on the scene after the previous buyer has lost right of redemption.
They are long out of the picture before I get involved. I have no roll in whatever went on before I became interested.

Real estate investors preserve tax bases, and stabilize communities. They keep people in homes.

Clamp buckets do little of that.

Again, as a guy that puts money where his mouth is, I expect honesty and integrity in firearms auctions. I can't support any other shenanigans. By seller or buyer.

And I'm glad to hear when something peculiar has been occurring.

About 15 years ago I represented the county Sheriff in a case where a guy alleged his 1st Amendment rights had been violated because the Sheriff threw him out of sheriffs sales of foreclosed properties. Turned out the guy had been making hand signals to other bidders that they were to pay him $500 dollars or he would run the bidding up to where investors buying the foreclosed property was impractical, then walk out before the hammer came down. Since he had done it a couple times, everyone knew he was serious. I wanted to have him charged with extortion but the prosecutor wouldn't take the case. The clown's stated (in his deposition) objective was that he wanted to monopolize the foreclosure sales in that county. He had been a law student until he spent 3 years in the can on a Graves Act sentence for aggravated assault and had it in for the legal profession. This included having one of the county's attorneys as his girlfriend. We wound up getting his case dismissed but then the girlfriend-attorney managed to persuade the Sheriff to let the clown back into the auctions. He just got more subtle, but didn't change his overall game.
Crooked auctions happen. And collusion is just one of the things that go on. I think the OP has pointed out a clear case of collusion. (In fact, I wouldn't be surprised if that seller and buyer pair are relatives or married to each other.) You can bid on that guy's stuff but I won't. As I was saying the other day to someone, "thrift is an expression of self-respect. By work, you turn your time and effort into money. You only have so much time and effort while here, so if you waste it by profligacy or on junk, that just shows how little you value and respect your time and effort." The same applies for being a pigeon in a crooked auction.

bloodsuckers and knackers...

one bleeds the host and the other picks thru the carcass for something of value...

What's your grand solution Ed?

Without people like me, you'd have entire homeless families camping on your stoop. Begging for crumbs.
Freezing like popsicles until you cart them away.

I put people in homes they can afford. I keep families intact, tax bases preserved, and schools funded. Streets swept, and street lights lit. Sewers maintained. Water service provided. I keep kids in school. I invest where it can do some good.
Oh, and I don't ask anyone in government to fund it.

Until you can say the same, keep your remarks to yourself.

With regards to the matter of crooked on-line auctions, One might surmise you have used the services of shill bidders to boost your sale prices, and bloat your auction scores.

gee clapper, i do not recall mentioning you specifically or accusing you of any misconduct in any of my posts here...

however, since you might suggest that i use the services of shill bidders to boost my sale prices...ah gotta ax...

are you ah bloodsucker or ar you ah knacker?

...or are you an imbecile...ed.

Ed soundly lost his first argument and is now resorting to nonsequiturs and jibberish. As usual.

Maybe Ed does not have a friend and this entire post has hurt his feelings.


Shill bidders are thieves. And if there are shill bidders they are there to aid the seller not the bidders. Auctions can only set fair market prices when they are honest. A fake bidder does not create market demand he tries to manipulate prices to others loss by trying to make them over pay.

A house had legit bidders up to 200,000 and everyone is done but the shill bidder bid it up more. Not knowing it was a scam the high bidder increased his bid again. What he should have won at 200,000 ended up costing him 220,000. The shill bidder cost him 20,000 by pretending to be another buyer. The house is still worth 200,000 because if you try to sell it that shill bidder will not bid on it now. His job is done. So the value will drop because it was not real in the first place.