Who can I call on to get help when considering purchasing a piece of real estate at public auction?
A Buyers Agent is a valuable person who can do everything from pull comparable sales in the area so you dont overpay for a property, help you with pre-registration, assist in your financing arrangements, and refer you to other professionals as you go along. If you will be financing the property, you will want to check with the auctioneer to see if that has already been arranged. Sometimes auctioneers will have relationships with local banks, who will offer Non-Qualifying Terms. If you have an established relationship with another lending source, however, the loan officer can be a great source of information as well. One of your primary concerns, of course, will be the condition of the property. Since you will be granted no disclosures, warranties, allowances, or refunds, it is important to seek the services of a licensed Home Inspector. His/Her fee is a small price to pay to ensure you are spending your money wisely. In older homes, you may want to have a Lead Based Paint inspection do
