Search our properties locate several that interest you and add them to your favorites.
Check the upcoming auction dates and times - do you have time for due diligence and arranging your financing? One month is minimum unless you are already registered and you are an experienced bidder.
On the day of the auction, have a cashiers check made payable to yourself for 5% of the expected purchase price. If bidding online, and you are the high bidder, a member of our closing department will contact you immediately to arrange for your bid deposit and purchase and sales agreement. The balance will be due at closing, which will be within 30 days of the auction date if you are the successful high bidder.
Do your due diligence:
Click on the property details (available to you after you register).
Check all data input by the Realtor assigned to the property.
Click on each PDF file: appraisal, BPO, survey, comparable sales, preliminary inspection report, as well as links to vendors that you may wish to hire to assist you in areas such as home warranties, comparable sales, additional tax information and last sales data, pest control companies, contractors, etc. Use this information to further prioritize the properties that you plan to buy.
Consider how you plan to bid. Many online auctions will be taking place at scheduled times and dates. Make sure to add Timed Online-Only events to your favorites so you do not miss the date of the sale.
You may wish to consider this to immediately make your purchase. Or, you may wish to post your bid online in advance of the auction. The seller may decide to accept or negotiate with you prior to the auction.
Once your bid is accepted, you will be required to submit a bid deposit of 5% ($5,000 minimum) of the purchase price and sign a purchase and sales agreement immediately. If bidding online, and you are the high bidder, you will be contacted immediately by our closing department to arrange for your bid deposit and purchase and sales agreement. Closing the sale will occur within 30 days and the necessary paperwork can be handled by mail. Funds can be remitted electronically to the closing attorneys bank and disbursed appropriately to the seller from there.
The listing information set forth on this site is based upon information which we consider reliable, but because it has been supplied by third parties to our franchisees (who in turn supplied it to us) , we cannot represent that it is accurate or complete, and it should not be relied upon as such. The offerings are subject to errors, omissions, changes, including price, or withdrawal without notice. All dimensions are approximate and have not been verified by the selling party and cannot be verified by International Realty Auction Network, LLC. It is recommended that you hire a professional in the business of determining dimensions, such as an appraiser, architect or civil engineer, to determine such information.
