As I moved into my twenties, I already knew how my life was supposed to play out. I had already found my dream job, and I only needed to find the perfect house to be on my chosen path. Affording my dream home was difficult on my entry level salary, so I decided to buy a house at auction. It seemed like a great idea at the time, but it might have turned into a nightmare except for a good friend.
Bidding at the auction was fast, and it became very confusing at times. I realized I could not outbid anybody, so I settled in to wait and see if a house came up that no one else wanted. At the end of the evening, most of the buyers left just before they opened bidding for the last house. There were a few buyers left, but only one of them bid on the house. I immediately outbid him by a few dollars, and he decided to give up then.
I was thrilled to win the bid, and I looked forward to signing the papers on my own home. The secretary for the auction house handed me paperwork to sign, and I gave her the money for my home. She smiled as she took it, and we chatted for a few minutes about how excited I was to be a first-time home owner.
A few weeks later, I was still living in my apartment because there were no utilities available at my home. I found out the previous owners ran up the bills, left without notice and that was why it was being auctioned off. It would have taken me years to pay off all those bills, but one of my good friends is a lawyer. He was able to negotiate the bills down to something I will be able to pay off soon.