Florida Real Estate Blog

August 6th, 2010 9:08 AM

First they come to town once every 6 months, they require that you register prior to the event and you must bring cash or a cashiers check in the amount of $2,500.

You may attend on line (we have done both, I prefer online) This does require early registration to assure you have everything you need prior to the auction. I would recommend finding a Realtor that understands this process and will be willing to attend. The cost of the Realtor is paid by the Auction so there is no cost to you. The Realtor can provide you with access to the home when you and your contractors have time to preview it. Otherwise you are limited to the times the Auction folks allow an open house. So you will be there with a host of other people. The Realtor can also pre register you and if the house is that good of a deal the Realtor can launch an offer before the auction and you may be able to snag a great deal before it even hits the auction floor.

On the day of the auction the Realtor can guide you through the maze of people and lines to assure you have all your necessary documents and are prepared when your home or homes come up. They will also provide you with a list of most recent sales in that area so you will have timely information once the bidding begins. We suggest identifying your “walk away price” as the heat of the auction things get moving very fast. The Realtor will be with you after your winning bid is accepted and will assist with any questions regarding escrow or closing procedures. Call us today we would love to help you take advantage of this crazy housing market.


Posted by Jim, Mag && Maggie Ruddy on August 6th, 2010 9:08 AMPost a Comment (0)

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