See what you need to know when buying a home at a real estate auction. Learn the difference between a live auction and an online auction. See all of the pitfalls you could run into purchasing a home at an auction.
Scooped by Bill Gassett |
Indy Home Vault, LLC's comment,
October 9, 2018 8:15 AM
Great Article
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Buying a home at a real estate auction can be an exciting proposition if you play your cards right. While most people think that every home sold at an auction is a "steal" that is definitely not the case.
In fact, you can get burned real badly by purchasing a home at auction if you don't know what you are doing!
In the latest article at Maximum Real Estate Exposure, you'll learn some of the major pitfalls of buying at auction including purchasing a property that not only has structural defects but scars on the title as well.
Of course these are the kinds of problems you want to avoid. In the article on buying a home at auction you will see exactly what you need to research.
Having a real estate attorney in your corner is always a good idea when purchasing a home at auction.
By following some simple guidelines you could end up with a property that turns into a real money maker. Just as easily you could find yourself stuck with a lemon.
Take a look and see all the pros and cons of buying real estate at auction. If you enjoy the article, give it a scoop or share it socially.