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Updated about 5 years ago on . Most recent reply

User Stats

39
Posts
12
Votes
Joe Rinella
  • Waltham, MA
12
Votes |
39
Posts

Due Dilligence for Auctions in MA

Joe Rinella
  • Waltham, MA
Posted

Hi folks,

I'm new to real estate auctions and would like to know what due diligence others do before placing a bid at an auction? Do you run title searches for all auctions before placing a bid to ensure there are no leins? If so do you pay an attorney for this every time, or do you use some resources do perform a title search yourself? 

Perhaps I'm being naive, but it seems that paying for title searches for every auction you attend would be costly, especially if you get outbid most of the time.

Thanks!

-Joe

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