What are the general differences between a public auction and a foreclosure?
Generally, a public auction is for sale by owner. The owner is not in financial distress, but has concluded that selling his/her property at a Higgenbotham auction is the most effective method. As auction marketing moves into the mainstream, more people are finding that selling their real estate at auction to be the most efficient way to maximize value in a very timely manner.
Generally, a public auction is for sale by owner. The owner is not in financial distress, but has merely concluded that selling his/her property via the auction process is the most effective method. As selling at auction moves towards further towards the main stream, more and more people are finding that selling their real estate at auction to be the best way to maximize value in a very timely manner. A foreclosure, on the other hand, is a forced sale by creditors. These auctions are sight-unseen and are generally held on the courthouse steps of whatever county the property is located. There are many more differences that are examined later in the FAQ section.
Generally, a public auction is for sale by owner. The owner is not in financial distress, but has concluded that selling his/her property at a Shergills auction is the most effective method. As auction marketing moves into the mainstream, more people are finding that selling their real estate at auction to be the most efficient way to maximize value in a very timely manner. A foreclosure, on the other hand, is a forced sale by creditors.
Generally, a public auction is for sale by owner. The owner is not in financial distress, but has merely concluded that selling his/her property via the auction process is the most effective method. Selling real estate at auction is increasingly popular. More and more people are finding that selling their real estate at auction to be the best way to maximize value in a timely manner.
| Print | Generally, a public auction is for sale by owner. The owner is not in financial distress, but has merely concluded that selling his/her property via the auction process is the most effective method. As selling at auction moves towards further towards the main stream, more and more people are finding that selling their real estate at auction to be the best way to maximize value in a very timely manner. A foreclosure, on the other hand, is a forced sale by creditors. These auctions are sight-unseen and are generally held on the courthouse steps of whatever county the property is located. There are many more differences that are examined later in the FAQ section.
