Story : Property Wars is an American reality television series that airs on the Discovery Channel and premiered on July 12, 2012. The second season was announced on December 18, 2012, with the season debut on January 10, 2013. Property Wars follows a group of men, located in Phoenix, Arizona, who bid to purchase foreclosed homes, without being able to look inside. In each episode, the main cast members group in front of the home to see what condition it is in while their bidder is on location at the auction for the home. Cast member John Ray filed Chapter 13 bankruptcy in October 2012, due to a delay in repaying a $600,000 loan.