Gohoming.com is an online real estate bidding website for REO homes (bank owned).
I have a listing at 960 West 25th St for $29,900.
GoHoming.com gives the average home buyer a place to bid on REO homes for sale through online Time Limit and No Time Limit bidding formats. A Time Limit bid format allows the owner of the property to set a time limit on the sale. There's also a minimum bid, or offer, and a reserve price, which is not displayed online. The reserve price is generally the lowest price at which the owner is willing to sell the property. A No Time Limit bid format is similar to the conventional real estate sales process where buyers make offers and sellers can make counter offers until a deal is made. A unique benefit to purchasing a home on GoHoming.com is that you can see what other people are bidding for a property and what the highest bid is. That way, you know what the competition is and can feel confident that you're getting a fair market price.
Still have questions about GoHoming?
I'm interested to hear your feedback as this is a fairly new site to me. Look for another listing to hit the market shortly in SE Erie - 3 bedroom ranch.