Buying auction homes is not like typical homebuying. Given the wide range of property types and high degree of variables for the condition and state of ownership that a given property may have, investing in Foreclosure homes does have a learning curve when compared to more traditional real estate transactions. To be successful you need helpful tools, education and support. No matter where you are, Auction.com is your guide to diving into investing with Foreclosure auctions. To help get you started, we provide state-specific information for a firm foundation. Below, you’ll find a link by link, state-by-state roundup on how Foreclosure auctions work in the given state you’re interested in. To stay informed please check in on that information before you go to an in-person auction. This section provides a state-by-state roundup on how to bid in foreclosure auctions. Please check the state where you are interested in bidding before you go to an auction:
Education for the Whole Nation
Confused about real estate investing terms? Everyone’s got to learn them at some point. That’s why Auction.com maintains a Foreclosure and real estate definitions page with plenty of industry knowledge. Navigating through a Foreclosure auction is not always the most intuitive process, so it helps to get in the know by breaking down the different steps and what’s needed. For starters, you can look at three core parts of the process: Pre-auction, Auction Day and Post-Auction, if you’re the winning bidder. Dive in down below!
PRE-AUCTION
AUCTION DAY
Arrive early / Register to bid
WINNING BIDDER
It’s Easier with an App
More and more of our day-to-day can be organized from our smart phones — and that holds true for the auctions at Auction.com! With numerous unique benefits like Remote Bid (available in select states), which allows you to place your bid on select properties in an in-person Foreclosure auction from anywhere with the app, it pays to get the full experience with the Auction.com app.
No matter which state you’re bidding in, Auction.com is your source for detailed information to drive your success. Create an account today.
