Jacksonville County Auction

[Joey Hamaoui]

Hey guys, 

has anyone purchased a home through the county auction here in Jacksonville? 

From what I could understand on the county site it seems to me that:

• You must give a deposit 5% of your anticipated highest bid prior to bidding to gain entry to the bidding.
• You are not given any inspection or financing contingencies.
• You must pay the remainder of your bid by 4PM the day of the sale.
• The sale is not complete until about 11 days later when you get the deed.

Please let me know if that is all correct and if there is something else I should know about the process. 

Also if you could advise me on the following:

• Do you perform your own title search prior to the auction?
• Do you pay the tenant to allow you access to the property prior to the auction? How do you perform inspections?
• Do you need to evict the current tenants?

Thanks,

Joseph