The elements of purchasing at an auction are the similar to that of a conventional sale. The biggest difference is that the date and time of the sale is predetermined.

If you have not had the opportunity to attend an auction, we recommend that you attend a few to become familiar with the process. After the auction is completed, feel free to speak with our staff for answers to any questions that you may have.  

Be sure to register for our auction elist updates. When you receive notice of a property that suits your needs, we suggest that you download the Property Information Package and drive by the property at your convenience. Next, attend the property inspection. Then, attend the auction. Be sure to arrive early to register and walk through the property one last time. Finally, when the bidding starts, bid often, and bid high!

What are the terms for the auction?

The terms are set before the auction. They generally include registration procedures, closing dates and the required deposit. This is done to ensure that all buyers are competing fairly and equally.

Can I see the property before the auction?

Property inspections are held at varying times in advance of the auction. All properties are open 1 hour prior to the start of the auction. Some properties may have advance inspection times, please check the auction listing for specific dates and times.

What kind of information is available about the property?

A Property Information Package (PIP) is provided for each property. Included are: terms, plats, tax maps, seller disclosures, agency disclosures, lead paint disclosures, termite letters, home inspection reports, and more. The PIP should answer most of your questions about the property, so that you can make an informed decision.

Do I need to register for the auction?

Yes. Registration starts about 1 hour prior to the auction time. This is a good time to get answers to any last minute questions that you may have about the property or the auction process.

Does the property have clear title?

Yes. Properties are offered with clear title, free of any back taxes, mortgages, or other liens.

Opportunity for a bargain.

With auctions, there is always a chance you will get a bargain on whatever is up for sale, even homes and property.

Property Information Package.

Before the auction, you can review the Property Information Package (available for download on our website or at a Property Inspection), which includes the terms and conditions for the auction, all disclosures, and may include other items like plats, tax maps, termite letters, and home inspection reports. This information should help you make an informed decision.

You determine the purchase price.

You determine what you think the property or home is worth and then you make that bid. There’s no haggling with a realtor or homeowner over price.

Fair competition.

All bidders are competing on the same level. All terms and conditions are set before the auction.

No negotiation period.  

Unlike traditional real estate sales methods, there are no negotiations with time consuming offers and counteroffers. The auction only takes a matter of minutes.

You know the Purchasing and Closing Dates.

You know the day that you will purchase the property, and you will know your closing date that day (generally 30 days).