How to Buy
Before buying real estate at any auction, please be sure to do the following:
Read the Terms & Conditions of the Auction Sale
The terms will clearly explain what is expected of the high bidder. Be sure to read about the Buyers Premium, Deposit Requirements and Required Settlement Date. While the terms are exact, you need to remember that the seller, the under bidder and auctioneer have faith that the High Bidder will proceed to settlement. BuyatAuction.com will assist the high bidder with every task associated with this Real Estate transaction. i.e. mortgages, settlement attorney, survey, etc.
Do Your Homework
The firstname.lastname@example.org® Representative will provide to you any information they have about the property. BuyatAuction.com will have scheduled open houses so you may inspect the property prior to auction. Remember that our seller warrants that all-mechanical equipment at the residence will be in good working order at settlement. i.e. heating and air system, appliances, pool-spa all when applicable. Other Auction Companies might offer the property "as is where is", with no implied warranties. If you ever have any questions or concerns, please ask before the auction.
Arrange for Financing Prior to the Auction
Since the purchase agreement is not contingent upon the buyer obtaining financing, we encourage bidders to contact their lender or our recommended lender. Our recommended lender is noted within the Auction Bid Packet and can pre-approve you prior to the auction at no cost.
The Seller is motivated to sell and the auctioneer will provide the environment for you to bid what you believe the property is worth. BuyatAuction.com allows the auction to determine the purchase amount, and after that it becomes a traditional real estate transaction. You choose your own settlement attorney and the property will be delivered free of liens and with marketable deed and title. Again, have fun at the auction; you will enjoy the process while getting a Great Deal!
Thank You for attending the next great BuyatAuction.com event!