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What advantages does a seller have in an auction situation?

April 26, 2017advantages auction seller

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What advantages does a seller have in an auction situation?

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Advantages to a seller in an auction include selling you property in its current condition for cash which results in the avoidance of repair and upgrade costs. There are no commissions or settlement costs associated with the auction as well as no financing contingencies. Due to the expedient nature of these processes there are no feasibility studies and the process can be closed in 30-45 days.