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Updated almost 3 years ago on . Most recent reply

User Stats

35
Posts
4
Votes
Caitlin Stables
  • Realtor
  • Richmond, VA
4
Votes |
35
Posts

Buying Auction Properties Advice

Caitlin Stables
  • Realtor
  • Richmond, VA
Posted

Please give me all the advice...I am a very seasoned Realtor so I am well aware of the fact they are sight unseen, as is and where is and cash only, may or may not be occupied and trashed...what else can I/should I anticipate? I want to be as prepared as possible. I plan on bidding on one coming up in my neighborhood. It is currently occupied by the owner (based on the tax record I am able to pull). I do also plan on attending some auctions just to get a feel and understand how it works before ever making a bid. I also know the timeline to pay in full is typically 10 days with most auctions in my area. What else should I know??

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