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Plan Now For August Home Auctions

Category: Recent Articles

Published: Thursday, May 21, 2009

Over 300 Southern California foreclosures will be sold at an online auction beginning in early August. Plan now to reap foreclosures bargains by examining the properties online, checking out the neighborhoods, scheduling your pre-auction inspection and making sure your financing is available and all the documents are in order. Spending a month or so planning for your real estate auction purchase will put you a step ahead of impulse buyers and give you the advantage come auction time.


This mega foreclosed home auction, conducted online by Real Estate Disposition Company, begins at 6:30 a.m. on August 3rd. You can view properties by visiting their auction website at www.Auction.com. From there you can search for properties by state, county, price range, square footage, even starting bid. Once you find the Southern California foreclosure property of your dreams, you can begin the important tasks of inspecting the property, checking out neighborhood schools and other amenities, and making sure you have your financing in order.


Foreclosures Available in all Six Southern California Counties


There are foreclosed homes available in all six of the Southern California counties, making this real estate auction on the biggest held to date. You can choose from coastal Orange County foreclosures that have starting bids as low as $75,000, or perhaps take advantage of the Inland Empire's great pricing and find Rancho Cucamonga bank homes starting as low as $30,000 or even gorgeous equestrian properties among the Temecula foreclosures that have starting bids in the $50,000! Imagine living among the gentle rolling hills and classic oak trees of the Temecula wine country at these affordable auction prices.


Visit the Foreclosed Home Neighborhoods


Prices will vary from property to property, and the best homes will certainly command higher prices. However that's where planning early can help you. One of the joys of buying foreclosed homes at real estate auctions is that you can find true diamonds in the rough, properties other people might pass by. Start now to check out the properties in you desired area. This gives you plenty of time to drive by the ones that catch your eye. You can get a feel for the neighborhood.


Stop by on a weekday afternoon, not just a Saturday morning. Find out where the kids will be going to school. Check out the school district's API index rating. Stop by the neighborhood parks or the city swimming pool. What are the community's best assets? These are all important factors in living in a neighborhood and sometimes you don't have time to fully discover them when bidding at auction.


By shopping online early and fully investigating the one's that pique your interest, you will be a better bidder come auction day and could end up owning one of the best Southern California foreclosures on the market, even before the competition knows it's out there!

Other Recent Articles

Pre-Auction Offers Can Lead to Foreclosure Riches

Category: Recent Articles

Published: Thursday, May 14, 2009

Some foreclosed home auctions advertise pre-auction offers that allow you to make an offer directly to the seller’s agent before the property goes on the auction block. The pros at homeauctionexpo.com explain what a pre-auction offer means and how to tell if making one is right for you.

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Foreclosed Home Auctions are Win-Win

Category: Recent Articles

Published: Thursday, May 07, 2009

Buyers are not the only ones finding great deals at real estate auctions. Real estate agents and sellers are also benefiting from the practice, making sure auctions will be around for a long, long time.

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Some buyers think all foreclosed homes sold at auction are located in rundown neighborhoods or require extensive rehabilitation. To dispel that myth here’s a look at some recent Southern California foreclosures available at local real estate auctions.

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The use of a phony bidder, or shill, is becoming increasingly common in the home auction industry. The professionals at homeauctionexpo.com explain why shills are turning up and how to spot one.

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Record Foreclosures Lead to More Auctions

Category: Recent Articles

Published: Thursday, April 16, 2009

More foreclosures hitting the market often means more auctions to choose from. The pros at homeauctionexpo.com offer tips on where to find the best foreclosure auction deals.

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Reserve Not Met – Explained

Category: Recent Articles

Published: Thursday, April 09, 2009

Many auctions end with the winning bidder empty handed, with auctioneer companies explaining the property did not meet its reserve price. The basics of reserve pricing are explained here.

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Home Auctions Benefit from Lower Interest Rates

Category: Recent Articles

Published: Monday, April 06, 2009

Lower interest rates help at buyers at home auctions bid higher. The Home Auction pros explain what’s new in the interest rate game and where to buy quality foreclosures at home auction.

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Are Online Real Estate Auctions For Real?

Category: Recent Articles

Published: Thursday, April 02, 2009

More and more auction houses are turning to online real estate auctions. The professionals at Home Auction Expo explain the benefits of buying online.

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