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GOING TO A HOME AUCTION TO GET A GREAT BUY? HOW TO GET YOUR MONEY. With the new method that is becoming increasingly popular, you might find your next property at an auction. Here is how you get ready to bid on the day - and beat out other bidders. Get pre approved and take a letter of approval to the auction with you. Apply online on this website and we will discuss your maximum qualifying amount so you know how high you can bid. Loan approval means we have pulled your credit, looked at your income qualifications, confirmed your down payment funds. We supply an approval letter to you for the auctioneer so you can bid on your new property. The auction company usually requires 10% down in form of cashiers check or good funds. With the qualifying out of the way, the only tasks remaining are getting an appraisal and making sure the title is clear. This means a faster closing and the keys are in your hand in 7-10 days. Additional information on auctions can be learned at www.auction-works.com or by contacting us at 480 348 9364 or 800 697 6832. |