Whether you are a buy and hold investor, fix and flipper, or property wholesaler, if you have financing in order, buying foreclosure and REO properties at auctions is a great way to get a good, quick deal. You might be surprised at how many properties are being auctioned in your area; you just have to know where to look. We have put together some of the best ways to find auctions. Bonus, even if you don’t want to buy a property, auctions are a fantastic way to network with other real estate investors.
Auction Websites: There are a handful of websites dedicated to finding property auctions. Auction.com and Hudson & Marshall are some of our favorites.
Newspapers: Local newspapers can be a gold mine of property auctions. Check the legal notices section.
The U.S. Treasury: The U.S. Treasury holds approximately 300 public auctions every year with many good real estate deals.
Google Search: You’d be surprised at how many deals you can find simply by typing “foreclosure auctions” into Google.
Disclaimer: The information in this blog has been prepared solely for informational purposes. The contents are based upon or derived from information generally believed to be reliable although Visio Lending accepts no liability with regard to the user's reliance on it. For legal advice, please contact your counsel.