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Greensboro, Winston-Salem, High Point The Triad Area
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Old 01-06-2011, 12:43 PM
 
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Has anyone here been to a real estate auction before? 14 nearby acres is scheduled for the block on Jan 24th and I want to know what to expect before then.
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Old 01-08-2011, 02:16 PM
 
Location: in & around the Triangle
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The auction company's flyer/website should give you most of the info that you need. It varies from company to company, but some things to look specifically for are buyer's premium, rules on pre-approval of loans or cash only, payment due at close of auction.
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Old 01-08-2011, 07:04 PM
 
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Well maybe that's part of my problem then. There is no auction company. The lawyer who's handling the estate is going to do the auction. No flyer explaining anything.
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Old 01-15-2011, 11:22 AM
 
Location: in & around the Triangle
583 posts, read 2,609,170 times
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Give them a call and ask. They'll be getting a portion of the sale, so they should be willing to give the details. Plus, they might have the auction at another site (i.e., court house steps, etc.)
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