How it Works

Hello, if this is your first experience of buying a home at Auction or if you are a first time buyer, don’t worry; we will guide you through it!
Do you have a home to sell first?   Let us help you with that as well.  Call to set up a NO OBLIGATION appointment with our realtors.  They will come to see your home and evaluate what is needed to be done and the market value.  Pre Auction Offers may qualify for special consideration.  Seller will not take any contingencies, but will work thru seller’s agents to make the transition possible.  Have an agent? Great have them present at this meeting to help.
Here is a step by step guide:
a.      Pre-Auction offers are encouraged, this will ensure you get the home, if you wait for the auction, you could pay more…….Auction will be post-poned if agreement is made prior to Auction day.
b.     Preview the property and get all the information available from us at one of our public open houses.
c.      Review the inspection we have made available, or have your own inspection done if necessary and ask questions if needed, property is sold “as is”.
d.     After you decide the property is what you want, get pre-qualified to make sure you are comfortable with the initial investment and monthly payments. Keep in mind that many properties will sell above the minimum bid (often 15% to 20% higher), so know your max limit to purchase.  (We have lenders to assist you if needed. *not required to use our lenders)
e.      We will have a practice auction seminar for anyone wanting to attend one week prior to the event to prepare you.
f.       When you arrive the day of the auction, submit your pre-qualification letter, register and receive a bidding number.
g.      If you are the winning bidder, you will sign a purchase confirmation.
h.    You will then proceed to the purchase area to complete the purchase and sale agreement with our real estate agent, deliver your cashiers check…..
i.     From this point on through closing, it is just like a traditional purchase.