Ever seen an Opening Bid of $0 when you’re searching foreclosures in Monsoon? It appears as part of the Auction Information.
This begs the question, “Is the opening bid really $0? My client can bid $1 and win the auction?”
Unfortunately, no such luck.
An opening bid of of $0 in Monsoon simply means the opening bid for that property hasn’t yet been set. Once an opening bid is determined, the opening bid’s true value will be reflected in Monsoon.