realforeclosure

[Martin S.]

I am interested in a property that will be auctioned in a week on one of the realforeclosure.com counties. I know I need to have 5% of my maximum bid there, but when do I need to pay the remainder? I am out of state and its impossible for me to get there within a day. I have looked at some older auctions and looked up the deed transfers, and the deeds were transferred like 20 days later... Anyone have any real experience with these auctions, and can answer my question of when I need to pay the remainder???