HUD HOME AUCTION COMING MARCH 26TH

 

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Open House: 

Saturday & Sunday, March 19th -20th from 1:00 – 3:00 PM

General Terms: 

  • There are NO Pre-Sales and NO post sale. All properties will be sold at auction.
  • Successful bidders will be required to put down $1,000 per property.  The down payment MUST be in the form of CASHIER’S CHECK or Money Order made payable to HUD or the bidder’s name.
  • All properties are being auctioned with reserve.
  • A 5% buyer’s premium will be added to the high bid to equal the final purchase price.

Registration:

Bidder must provide a prequalification letter or certification of cash funds which should include:

  • Bidder Name
  • Amount of prequalification or total amount of cash funds
  • Bank or lender’s letterhead and contact information

Closing:

All property must close on or before 45 days after the auction. Closing will take place at the HUD designated closing agent.

CALL US @ 480-243-4242 for more info or to prepare to place a bid- make sure you have representation, don’t try to win at the Auction ALONE!

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