Auctions are chaotic – even if you’re an experienced pro. Foreclosure auctions are a crazy affair, full of homeowners trying to snag the best-valued homes for significantly cheaper. However, don’t think you can waltz onto an auction site and find the swing of things right off the bat. Here are a few strategic tips you should know if you want to win a foreclosure auction bid. 1. Research The Property A lot of people merely look at the location of the property and the size of it. Without taking the time to drive out to the property and performing a basic inspection of the condition, you could walk into an expensive mess. A title search will show you if there are any mortgages on the property. Consequently, doing a title search also shows you if there are liens against the property. Doing this quick little thing will save you headaches against discovering nasty surprises down the road. Be sure to also look at county records online to get a sense of the home’s ...
from 411HomeRepair.com https://www.411homerepair.com/diy/real-estate-finance/10549-5-Tips-To-Help-You-Win-A-Foreclosure-Auction.html
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