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Updated almost 12 years ago on . Most recent reply

Holly Scanlon's profile image
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Holly Scanlon
  • from Watertown, CT
  • Member since Aug 1, 2013
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Holly Scanlon's profile image
Holly Scanlon's profile image
Holly Scanlon
  • from Watertown, CT
  • Member since Aug 1, 2013
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Holly Scanlon
  • Watertown, CT
9
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Foreclosures

Auction

Holly Scanlon
  • Watertown, CT
Posted

I'm going to my first auction on a foreclosed home in my town.I've done some research, but does anyone have any tips for me? I've seen the house, it looks great, I have the bank check ready. Auction is starting at $68,000 and there are no other liens on the house. Anything else I should know??

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David Niles's profile image
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David Niles
  • Property Manager
  • from DeLand FL
  • Member since Oct 29, 2012
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David Niles
  • Property Manager
  • from DeLand FL
  • Member since Oct 29, 2012
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David Niles
  • Property Manager
  • DeLand FL
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David Niles
  • Property Manager
  • DeLand FL
Replied

Biggest thing I can say is, dont get emotionally involved, many do and find themselves in bidding wars because its "just $xxxxx dollars more then your last bid" . Make sure you do your math and have your max bid set in stone and dont go over it, Its just a house and there will be more of them.

  • David Niles
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