Real Estate Auction Deals
REAL ESTATE AUCTION DEALS
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Dear Mr. or Ms. Homebuyer:
Are you intrigued by real estate auctions but also a little
intimidated? Among the important home buying factors of location,
floor plan, property condition and price, do you give price a bit more
weight? If you answered yes to both questions, then you should look
closer at REAL ESTATE AUCTION DEALS.
Hello, my name is Larry Rhea, Kansas and Missouri real estate buyer
agent and member of the National Association of Realtors, the National
Auctioneers Association and author of the E-book How To Buy Your Home
At Auction.
If you are what I call a Value Focused Home Buyer, like me, your mind
set is:
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How much mortgage can I afford, rather than how much money can I
borrow?
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Would I consider an older house with bathrooms and a kitchen that
need updating thereby saving a few thousand dollars?
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Would I consider contracting someone to paint and re-carpet if I
could get the house cheap enough?
While price is important in meeting your objectives, so is
minimizing risk. So let me state this up front . . . to the uninformed
buyer, auction is a riskier way to buy real estate than the
traditional, write-an-offer method. Why? Because prior to purchase at
auction, there is often less property information available and there
is less buyer control over terms of the sale. However, to the informed
buyer, these are the same conditions that create opportunity.
Home auctions can provide you the chance to buy below market value,
thereby earning instant equity. Conventional financing is the primary
financing for auction purchases. With the real estate market slowing
down and more auction opportunities becoming available, there's no
reason to overpay for a house.
How To Buy Your Home At Auction is a primer on the auction process
that gives a valuable, home buying tool, including important step by
step procedures. Homes for auction may be bank owned as a result of
foreclosure, but this book is not advice on how to buy at foreclosure.
That is a much riskier game. The subject of this book is buying at
voluntary auctions where the seller hires an auctioneer.
When you read this invaluable 29-page, double spaced book you will
learn:
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All the important things to consider in preparing to bid.
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Why auctions are almost always "As Is, No Contingencies" and what
this implies.
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How to improve your chances to win while staying within your limit.
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The dozen most important auctioneer terms defined.
. . . and much more.
You will gain both a seller's and an auctioneer's perspective, which
will help you to ask important questions and attend the most fruitful
auctions. You will not only learn how to become a competent auction
buyer, but a better overall real estate buyer.
Friends have said of my book, "Wow, Larry you're giving away the
farm! If they read your book, they won't need your auction buyer
agency services." I tell them not only am I not concerned, but I will
even work for the buyer for free. Most auctioneers will share their
commission with a buyer agent. But remember, the auctioneer represents
the seller.
REAL ESTATE AUCTION DEALS are waiting and after this quick but
thorough read, you will be prepared to bid. How To Buy Your Home At
Auction sells for $9.95, which is a small investment compared to a
huge mistake that can co$t you plenty. And, if you're not completely
satisfied, I will refund the book price within eight weeks of
purchase.
But if your objective is to buy a bargain home as soon as possible,
my advice is not to let an upcoming auction stop your home search.
Continue to make traditional offers to motivated sellers. And if
you're using an agent (which I strongly recommend) and your agent is
not too familiar with the auction process, I suggest you: 1.) Ask your
agent to determine if the auctioneer will "co-op" with your agent and
share commission. 2.) Ask your agent to read the book and take its
test to better assist you at auction.
If you are not committed to an agent, CLICK HERE [5] to obtain an
introduction to an agent in your area who knows buyer agency and the
auction process. Or, if you are an agent, CLICK HERE [6] for
consideration of becoming an accredited agent to receive referrals.
ORDER [7] How To Buy Your Home At Auction today for $9.95 and gain
the insight you need to be a confident real estate auction bidder.
eBook will be downloaded to a PDF file instantaneously. You will need
Adobe Acrobat to download and print the book. If you happen to be
buying in the Kansas City, Missouri or Kansas area, consider me for
your real estate buyer agent for either auction or traditional real
estate purchase.
Larry Rhea, Broker
Bid You Well
