There is one part I don´t quite understand. You said you can issue the check after the clients have won the auction.
I have bought 2 houses in auctions myself (in California), and they always required you to bring a cashiers check in excess of your bidding price prior to the bidding process. So how can you provide the financing after the winning?
@conworldus Here is AZ. You only pay $5000 earnest money to bid at auction. Then the rest is due the next day. However, it is cheaper to buy from one of the wholesalers with their slight premium than to bid against them.
If you are interested in taking advantage of this over sold market in AZ, give me a call at 480-502-7699
There is one part I don´t quite understand. You said you can issue the check after the clients have won the auction.
I have bought 2 houses in auctions myself (in California), and they always required you to bring a cashiers check in excess of your bidding price prior to the bidding process. So how can you provide the financing after the winning?
conworldus 1 year ago
@conworldus
JeffRCameron 1 year ago
@conworldus Here is AZ. You only pay $5000 earnest money to bid at auction. Then the rest is due the next day. However, it is cheaper to buy from one of the wholesalers with their slight premium than to bid against them.
If you are interested in taking advantage of this over sold market in AZ, give me a call at 480-502-7699
JeffRCameron 1 year ago