How to Use Auction.com

Navigating Auction.com for investment properties offers real estate investors insights into bank-owned auction listings. Here’s a quick guide: Listings detail property type, lot size, and potential price estimates.

For bank-owned (REO) properties, titles are typically clean, yet buyers are advised to verify with their own title company. If a property is occupied, interior access may be restricted, making worst-case renovation estimates useful. Auctions often require cash-only payments, no financing. Always check for fees, such as buyer’s premiums or HOA dues, and stay firm on bid limits to avoid overbidding.

To learn more watch a video walkthrough of Auction.com