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Updated over 10 years ago on . Most recent reply

User Stats

46
Posts
15
Votes
Brad Gibson
  • Investor
  • Surprise, AZ
15
Votes |
46
Posts

Sheriff Auction questions

Brad Gibson
  • Investor
  • Surprise, AZ
Posted

Hello, I believe I found myself a great SFH going up for auction next week in a good area with solid rent rates. I was curious if anyone had any input on steps to take to cover my rear end. I walked around and looked in the windows everything actually looks really clean and pretty much rent ready(it even has newer appliances!). For the sheriff sales in our area we cannot go inside the property. So the condition of the basement with furnace and hot water heater is probably the biggest concern.

Other than condition of property should I have my lawyers office do a title search?

What am I missing what other things should I check on before bidding on this property?

Thanks!

Most Popular Reply

User Stats

152
Posts
52
Votes
Matt Cramer
  • Residential Real Estate Agent
  • Rochester, MI
52
Votes |
152
Posts
Matt Cramer
  • Residential Real Estate Agent
  • Rochester, MI
Replied

Check with an agent to make sure you can't get in. We can get into some of the auction homes around this area and many people don't know about it. Many agents don't even know about it so check around and verify with even the bank if possible that you can't get in. Planning for the worst and hoping for the best is always a good way to proceed with unknowns.

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