You must usually pay a non-refundable earnest money deposit (often 10%) immediately, with the remaining balance due within 24 hours to 30 days depending on the auction type.
Interior access is rarely granted. Conduct a "drive-by" inspection to assess the exterior, neighborhood, and occupancy status (e.g., squatters or previous owners still living there). Financial Setup:
If the property is occupied, you are responsible for the legal eviction process, which can be costly and time-consuming.
You must usually pay a non-refundable earnest money deposit (often 10%) immediately, with the remaining balance due within 24 hours to 30 days depending on the auction type.
Interior access is rarely granted. Conduct a "drive-by" inspection to assess the exterior, neighborhood, and occupancy status (e.g., squatters or previous owners still living there). Financial Setup: buying a house at auction process
If the property is occupied, you are responsible for the legal eviction process, which can be costly and time-consuming. You must usually pay a non-refundable earnest money