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Buying & Selling Real Estate

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Tom Sutherland
  • Newark, IL
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45
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Auction.com

Tom Sutherland
  • Newark, IL
Posted Jul 10 2016, 12:54

Hey All, I am looking at a property on Auction.com and wanted feedback about the website. Also I had a few questions.

First, it gives an option for me to get title insurance on said property. But it also shows title info on the listing. Everything in the title info shows quitclaim deeds. Normal?  

Second, if I put the deposit down to bid and don't win how long until I get refunded?

Third, what's the timeline to come up with the rest of the funds if you are the bid winner? Is closing in a week? 2weeks?

Fourth, it doesn't show any other fees except escrow. I checked the treasurers site and it shows taxes paid so what other fees am I looking at?

Thanks for any replies.

Tom

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