| Finding out the Auction place | | | | get a huge bargain. It is, but you must try it a |
| The auctions for your city or county are naturally | | | | few time to get a feel for the process. Choose a |
| published in a legal newspaper or the legal | | | | few neighborhoods that could familiarize you with |
| segment of your home paper. You could also | | | | and offer only on those properties. |
| subscribe to information service offered, which | | | | Check the Condition of the Property |
| would fax, mail and/or email you this information | | | | You require driving by the property to find out |
| on a usual basis. If you are following an exacting | | | | what condition it is in. Good luck in trying to get |
| property, contact with the lender is attorney or | | | | inside, since the homeowner isn't probable to let |
| the trustee for information about the sale date. | | | | you in. If people are living in the property, you |
| Call the day before to make certain the auction | | | | could make the assumption (most of the time) |
| has not been postponed or deferred by the | | | | that there is running water and electricity in the |
| lender or by the borrower filing for bankruptcy. | | | | house. However, you must imagine the house |
| Before Going to the Auction | | | | needs at least the basic cosmetic upgrades: |
| Before you even deem bidding at the auction, | | | | carpet, paint, new appliances, new kitchen |
| you require doing some homework. Remember | | | | cabinets, and new vanity in the bathrooms. If the |
| that your bid at the auction is absolute; there is | | | | house looks empty, take a peek inside the |
| no backing out. Your due assiduousness in | | | | windows. The less information you have about |
| researching the property could be quite | | | | the inside, the more conservative you require |
| time-consuming, and chances are you would not | | | | being with your fix-up estimates. |