Find out who the auctioning company is. Register with them before the bidding begins. You have to be a registered bidder. Some companies have online bidding. Be prepared to pay a premium, or required up front payment. Also, be prepared for two things if you win the auction. One, be prepared to pay for it in full within 30 days. Also, the seller will reserve the right to reject a bid, even if you win the bid at the time of the auction.
Find out who the auctioning company is. Register with them before the bidding begins. You have to be a registered bidder. Some companies have online bidding. Be prepared to pay a premium, or required up front payment. Also, be prepared for two things if you win the auction. One, be prepared to pay for it in full within 30 days. Two, the seller will reserve the right to reject a bid, even if you win the bid at the time of the auction.
Craigslist is a very good way to start. Local newspapers are also good. Ask questions to anyone within an earshot. That could be a very good source. Also, look up local property management companies.
Hi Nickie,You must have some form of loan approval in order to buy a foreclosure. Banks will not entertain an offer without it. Most require a downpayment of a certain amount, say $1000.00. Some banks will even make you sign something in the contract package that will guarantee the closing by the contract date, or you will pay a penalty of $100.00 per day past the closing date. NEVER buy a home without a home inspection. So, even if you have the financials in place, have the home professionally inspected within the time frame alloted on the contract. If the repairs are too much, then you have an out and you can withdraw your contract without losing your earnest money. If you do not have the home inspected within the time frame, or not at all, then Buyer beware. You are buying a home whether you want it or not. One more thing, some foreclosure listing agencies do not have utilities on when they are being sold. You could ask for them to be on, or go ahead and set up accounts in your name in order to have the home inspected.
Yes. Some things you just want to not skimp on when trying to sell your home.
Be like the Godfather. Make them an offer they can't refuse. Put it in writing, though. Verbal offers don't hold a lot of weight when you are asking for something. Make them a good enough offer, and their agent will encourage an acceptance.
You will not have to pay to list your home if you already have a listing contract with a Realty company. Some companies have a Zillow link and all of their listings are posted on Zillow. You are in Madison? My office is in Madison at 2060 Main Street. Let me know if I can help.
Homes located in desirable areas are going to sell. What you are not realizing is that most foreclosed homes are in bad shape and will require a lot of remodeling. That is a task that some buyers do not want to take on, nor do they want to have to wait long after closing for the work to be completed so that they can move in. Price your home competively and your home will sell. It will take longer in this market. Everyone is looking for a deal. Be prepared and know your absolute bottom line.
Hey there,Zillow and other sites get a live feed from a Realtor's website if they have a certain number of listings. The Realtor can have the home removed from the company site by contacting their IT person. If the Realtor inputed the listing manually, then they will need to remove the home.Give the Broker a call, not the agent. That will certainly speed up the process.