House Auctions

By admin, December 14, 2009 1:14 pm

Has anyone bought house from sheriff auctions?

i know they want cash what else should i need with me when i go, i know to pay back taxes.

You will need a letter from the bank stating your CASH AVAILABILITY. You will need to bring a cashier’s check for the down payment then within 3 (three) days bring the balance – this will include back taxes etc.

This is generally the procedure with all types of real estate auctions. Bring 10% or more of what you are willing to pay for the home of choice. Then have your bank letter to validate you can close the auction price within the 3 days.

Good Luck!!!!
Hope this helps,

Property Auction


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