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Updated over 6 years ago,

User Stats

26
Posts
4
Votes
Jason Young
  • Charlotte, NC
4
Votes |
26
Posts

Foreclosures and Auctions

Jason Young
  • Charlotte, NC
Posted

Hey everyone, hope all is well in the forums. I originally posed this question in another forum a few days ago, but was hoping another one may provide some additional help.  I'm interested in potentially placing some bids on some properties that are in the foreclosure/auction process in Mecklenburg County in NC but am unfamiliar with how the due diligence process works compared to a typical property purchase.

Does anyone have insight into this?  Are bidders allowed to inspect the property prior to or after placing bids/having bids accepted? Basically, concerning foreclosures and auctions, what ducks do I need to make sure are in a row?  I'm assuming these properties are sold as is, but am wondering some ways to go about having a solid due diligence process. Any advice is much appreciated. Thanks everyone!

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