Updated over 7 years ago on . Most recent reply
Foreclosures and Auctions
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!