Real estate auctions Forms for Santa Clara
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FAQ
Here are the basic steps for participating in a live foreclosure auction:Find and track foreclosure auctions.Do your research.Drive by the property, if possible.Get your financing in order.Confirm all auction details, even on the day of the auction.Attend the auction and bid.Wait for your certificate of title.More items...?
You can find home auctions through local governments, real estate agents, and online sites such as RealtyTrac.com and Auction.com. Auction properties often do not allow a home inspection or any legal way to view the interior in person.
Most auction teams will welcome pre-auction offers, and if you are really interested in purchasing the property, then a prior offer is a good idea. Not all properties can be purchased before the auction as some sellers require them to be sold publicly in the auction room.
Sticking to people or companies with strong reputations over time is your safest bet. Never let a buyer or seller convince you to finish the deal off of the auction site. A common scam is to tell you they can save you the auction's fee if you deal with them directly, but you want the protection the auction site has.
Currently there are two main types of solutions for hosting an online auction. You can choose live streaming platforms such as YouTube Live and Facebook Live. Alternatively, you can opt to use conferencing software such as Zoom and GoToMeeting.
You can put your property up for sale at an online property auction today if you want to. You can also attract potential buyers from a much wider area nationally and even internationally. Attracting more bidders may mean you can achieve a better sales price.