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Updated about 6 years ago,

Drew Kerley's profile image
Drew Kerley's profile image
Drew Kerley
  • from Trussville, AL
  • Member since Sep 10, 2018
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Drew Kerley's profile image
Drew Kerley's profile image
Drew Kerley
  • from Trussville, AL
  • Member since Sep 10, 2018
Connect
Drew Kerley
  • Trussville, AL
0
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Buying & Selling Real Estate

HELP!! Auction Property Deposits

Drew Kerley
  • Trussville, AL
Posted

I looked at an auction property yesterday that I want to purchase via traditional financing. They require a 5% deposit upon return of the contract if you win the bid, which I don't have until I sell the flip I'm in now (under contract). Does anyone have experience with this type of situation, and is there a creative way to negotiate with them? 

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