Certified Checks to Foreclusure Auction?

[Mike Kalob]

My bank won't create blank certified checks..

Do you guys bring bank/certified checks in several denominations? I don't want to carry thousands in cash.

Thanks.

[Account Closed]

if you get checks in powers of 2 ($1k, 2k, 4k, 8k, 16k, 32k, 64k ...) you will have the exact amount within $1k. For example, if the final bid is $19k, you give them 16k+2k+1k. it works out mathematically that with the right combination of checks you can always get within $1k of the bid. this is to avoid giving them way too much and waiting for change.