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Updated almost 10 years ago on . Most recent reply
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Sheriff Auction questions
Hello, I believe I found myself a great SFH going up for auction next week in a good area with solid rent rates. I was curious if anyone had any input on steps to take to cover my rear end. I walked around and looked in the windows everything actually looks really clean and pretty much rent ready(it even has newer appliances!). For the sheriff sales in our area we cannot go inside the property. So the condition of the basement with furnace and hot water heater is probably the biggest concern.
Other than condition of property should I have my lawyers office do a title search?
What am I missing what other things should I check on before bidding on this property?
Thanks!
Most Popular Reply
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Check with an agent to make sure you can't get in. We can get into some of the auction homes around this area and many people don't know about it. Many agents don't even know about it so check around and verify with even the bank if possible that you can't get in. Planning for the worst and hoping for the best is always a good way to proceed with unknowns.