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Updated over 6 years ago on . Most recent reply

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130
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Ryan M.
  • Developer
  • Panama City Beach, FL
89
Votes |
130
Posts

Las Vegas Foreclosure auction

Ryan M.
  • Developer
  • Panama City Beach, FL
Posted

We're planning on moving to Vegas, and I see the foreclosure auction requires certified funds right after you win.

Do you have to bring a certified check for the max amount you want to bid or can you go to the bank and get the exact amount right after you win?

In Florida the in person auctions give you until 4pm to go get the exact amount and if they know you, they will take a business check.

Most Popular Reply

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Bill B.#3 1031 Exchanges Contributor
  • Investor
  • Las Vegas, NV
10,144
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Bill B.#3 1031 Exchanges Contributor
  • Investor
  • Las Vegas, NV
Replied

You bring a coupe large cashiers checks ($50-$100k each, then a few $10k checks, 1 $5k check, that will get you close. Or you can even bring 5 x $1k checks.)

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