Buying a home or other real estate through an auction is not for everyone. There are some risks involved in real estate auction purchases, but many real estate investors believe that the significant price discount outweighs the risks. In some cases, the first chance to get a property is through auction, so if there is real estate that you are particularly interested in purchasing and it is going to be auctioned, you should consider bidding on it. Also, since there is risk involved, there are often less interested parties in homes at auction. With less competition, you may be able to acquire an auctioned home at a price lower than the current Maryland market price