Buying At Auction
The following is a list of steps that are helpful when preparing to participate in an Auction with Finke Team Auctions.
We are prepared to supply you with any details and information concerning specific properties, as well as, any Auction questions you may have. We are happy to meet with you, discuss over the phone at (812) 373-SOLD (7653) or answer your questions via email at email@example.com.
Buying Real Estate at Auctions is a very simple process. However, it is important that you do your homework and find out as much as you can about the property and the process. We will be happy to supply you with photos and details about the property. We also can provide you with Terms and Conditions, sample Purchase Agreements, etc.
Inspect the Property
It is very important that Buyer/Bidder view the property via an open house or schedule a private viewing of the property. This helps you determine the value of the property so you will bid with confidence. There are NO inspection contingencies when buying at auction, the property is sold “As Is, Where Is."
Prequalify for a Loan
It is very important, if not paying cash, that Buyer/Bidder gets approved for a loan. There is NO mortgage contingency when buying at Auction. Getting preapproved for a loan allows you to bid with confidence!
Register to Bid
Select the property that you are interested in bidding and follow the step by step process to register.
Until the “hammer falls” or you have reached your limit, you should compete aggressively. There can only be one winning bid for the property. You cannot buy at your price unless you BID your price!