Auction Myths

Auction eliminates the closed doors of traditional real estate transactions. Taking the guesswork out of the negotiation process. Auction brings competitive bidders together in a transparent setting to establish the true value and highest attainable price for your property at that moment.

MYTH

Real estate sold at auction is ALWAYS in foreclosure or distressed.

Truth

MYTH

You can’t inspect the property beforehand and the property is offered “as is” meaning the owner doesn’t have to disclose the condition of the property

truth

MYTH

Auction Properties are Cash ONLY Sales. 

truth

MYTH

The property may not have a clear title.

TRUTH

TRUTH

Real estate sold at auction is a growing method for motivated sellers with increasing numbers of high-quality properties being offered via auction nationwide. In some countries, it is the most popular way to buy + sell property.

TRUTH

Many potential buyers assume they must forfeit inspections and buy property sight unseen. Buyers DO perform inspections and are able to inspect and walk through properties prior to the auction.

Truth

Oh contraire! Buying a home at auction isn’t only for those who have substantial cash on hand. Auction does allow for buyers to secure traditional financing.

Truth

We are committed to providing complete transparency for all real estate sold and will provide a property lien report to all registered bidders prior to the sale.

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