Thinking of buying at an auction?
With over 30 years in the auction industry, we recognize and adhere to a strict Code of Ethics, which spells out the Auction company's obligation to properly inform the buyers.
We are committed to providing you with a clear and concise understanding of the property being sold, the terms of the auction, and the auction process as it relates to that specific auction.
With a live auction, the true market value is established.
We work with you in the days leading up to the sale, by providing you the information you need to evaluate the property.
We offer a contingent free closing normally within 30 days.
How to get started.
Obtain a Property Information Package. This package contains helpful details, such as maps, demographics, zoning information and floor plans.
Visit the property. We will show you the property and assist you in obtaining answers to all your questions.
Arrange financing, if needed. Our properties are ordinarily sold without contingencies, so you'll want to have any needed financing arranged before the auction day.
Registration requirements. The auctions conducted by us require a cashiers check to be eligible to register to bid. This information will be available in our web site
Auction Day
Our auction staff will be on hand to help you understand the process and answer questions about the property, and help get you comfortable with the bidding process.
The auctioneer will explain the entire process and answer any questions.
Sold!
If you are the successful winner, you'll meet with our representatives immediately after the auction to complete all necessary documents.
In most cases, your closing will be scheduled within 30 days.
Types of Auctions
Absolute
Without a reserve pricem the seller is legally required to sell the property at the auction regardless of the final high bid price. The advantage of an absolute auction is that it generates maximum response from the marketplace, the buyer excitement and participation are heightened.
Minimum
The seller will sell at or above a stated minimum bid.
Reserve
The seller reserves the right to reject the bid price. |
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