In regards to the statement, " batch of foreclosed properties hits the auction block at the county courthouse", in our area only the mtg is being sold, not the property.  How can any bid rigging

take place when in most all cases, the bank holding the mtg. is prepared and usually has

a check there for the value of the mtg..   No one will get it for a lower bid, and if you buy the

mtg., under our state laws, the buyer only gets back bid plus interest if the sale is

later canceled by the bank (a person buying the mtg. should have ins. on any

building(s), but nothing is given back for that if sale is canceled.  Who would get into

a bidding war or bid rigging because the bank is in control of the sale?

Plus, in today's world of "urban mining" of the contents during the 6 months to

1 year redemption period, who knows what can happen?