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Updated over 8 years ago on . Most recent reply

Shanel Wiggins's profile image
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Shanel Wiggins
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Shanel Wiggins's profile image
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Shanel Wiggins
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  • from New Jersey
  • Member since Nov 5, 2015
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Shanel Wiggins
  • Investor
  • New Jersey
38
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Buying & Selling Real Estate

Auction

Shanel Wiggins
  • Investor
  • New Jersey
Posted

I'm looking for insight on buying single family homes on Auction.com (both in person & online). 

If there's anyone who have purchased property from there before, what's the process and any pointers/advice/tips. 

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Jassem A.
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Jassem A.
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Jassem A.
  • Investor
  • Pennsylvania
Replied

@Shanel Wiggins

I signed up to bid once. They put a hold on your credit card for 1,000-2,500 in order to place a bid.  If you win the auction or are the highest bidder then you may have the opportunity to purchase.  I don't think they are as strict about having all of the money right away like a trustee sale would be but I am not 100% sure.  

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