Real Estate At Auction
If you are in the
market to buy real estate, now is the time, and the auction method
is the way! Interest rates are favorable, sellers are motivated to
sell, and the auction method is surging in popularity. Smart
buyers realize the benefits of buying real estate at auction and
are profiting in the current market.
Real estate auctions give buyers an opportunity to evaluate their
competition and feel confident that they are paying true market
value for the property. Like no other form of real estate sales,
the auction method allows you, the buyer, to determine the price
Before you buy at auction, there are several things you must
the type of property you wish to buy.
auction companies that handle your type of property and ask to
be put on their mailing list.
area newspapers and the internet for upcoming auctions ads.
you know a property you are interested in will be auctioned on
a particular day, call the auction company and request
information on the property.
previews and auctions to understand the process, meet the
auction team, evaluate your competition and inquire about
buying at auction.
thirty minutes before the auction to register as a bidder and
prepare to give an opening bid. This last step puts you on the
"driver's seat" right from the start.
Benefits To The Buyer
at auction allows prospective buyers to name their own price for a
property, not some pre-established listing price. With the open
forum of a public out-cry auction, a bidder can confidently be
assured true market value.
Quick & Itís Easy
quick because a typical auction lasts 20 to 30 minutes. At its
conclusion you know immediately whether you are the winning
bidder. This eliminates prolonged and costly negotiations that
often accompany private treaty sales.
easy because the PaisleyAuctions assembles a detailed
Property Information Packet (P.I.P) on each auction property to
assist you in your review & due diligence. This allows you to
quickly understand a property & determine if it meets your
for a free property brochure or talk to one of our
applicable attend a scheduled property preview.
to bid by completing a Pre-Registration Form. We will then
send you a detailed Property Information Packet (P.I.P) which
will greatly assist you in your due diligence review.
financing. Auction properties are sold with no contingencies.
Consequently youíll want to have your purchase financing
arranged prior to the auction. PaisleyAuctions can
facilitate them by suggesting a variety of 3rd party lenders.
Day Ė Get to the auction site 30 minutes prior to its start.
This will give you ample time to check in with the
registration desk & pick up your bidders number. Also,
someone will be on hand to answer any last minute questions
you may have. Pre-determine what you would be willing to bid
at auction and go buy a property!
yourself Ė Purchasing at auction is fun & dynamic. Enjoy
PaisleyAuctions has been servicing buyers and sellers for over 22 years. Call
now to be put on our mailing list and inquire about the auction
method of buying real estate at: 610.873.8860 or email us at:
Ask About Pre-Approved Financing Arranged