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AM I A GOOD
Motivation is key. Motivation
entails a willingness to invest
advertising to ensure a sale vis-à-vis
Click here to see first-hand what auction
advertising is like.
auctions are NOT Sheriff's Sales, tax sales, etc.,
but rather we conduct auctions for sellers who
want to auction properties RATHER
THAN deploy traditional methods.
Click here to see a direct comparison between our auctions and
Sheriff's Sale auctions.
Here are some considerations to ascertain if auction may be
right for you:
Willingness to incur
carrying costs (e.g. insurance, taxes, interest, repairs, etc.)?
Click here to see how quickly carrying
costs add up.
You're the only one able to answer how long you'd like to pay
these costs, but if you'd
like to minimize them (like putting money in your
pocket), auction is a
definite means to do
Willingness to make improvements to
enhance a property's marketablity via traditional means?
Auction sales are
"As Is, Where Is"
without warranty of property condition. VERY rarely do
improvements increase the incremental sales price by an amount
sufficient to recoup the improvement outlay, making auction and its "As Is, Where Is" stipulation
all the more appealing.
Can I benefit from
making my property "stick out from the crowd"?
If you feel like
your property is just one of many in a crowded MLS inventory,
consider auction!! Everything about auction
(bright signs, glaring newspaper ads, e-mail blasts, promotional
mail outs) is
designed to make a property stick out from the crowd.
Your property WILL stick out, and
people WILL notice it and make inquiries.
Do I want to set
the terms of my sale?
If you want an offer on a specified
date and time, that is
you owe it to yourself to further explore auction for your
Is my loan balance
below my property’s value?
If not, your qualification for
auction is diminished by not having the flexibility
to accept offers below the debt level; however, we can often
work with creditors who'd prefer utilizing auction with a
cooperative borrower (often agreeing to waive pursuit of any
deficiency) and negate the need for a lengthy and costly
foreclosure process. An additional benefit to the debtor
is no foreclosure on his credit report.