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buying at auction: Online Auction New Feature - 03/13/08 01:42 PM
We've rolled out another in a series of new features yesterday.  The 'Buy Out' feature is for our online real estate auctions on http://www.epaxonline.com/.  You can see the specific pilot example here (http://epaxonline.com/auction_details.php?name=35673571-Hwy-140-Catheys-Valley-California-95306&auction_id=100058).  This feature is not exclusive, however, and allows one to list a property with a reserve as well.  A bidder can actually accellerate the 2-4 week listing and have a listing agent closed and paid in 30 days or less following a shorter bidding cycle.  Just another option to keep on the table. … (3 comments)

buying at auction: I want to buy a home at auction but don't have all the cash! - 10/16/07 03:53 PM
What to do, what to do?  The journey to purchasing a home using any method starts by getting your own financial house in order.  Get the credit score up by paying off debt and doing so in a timely fashion. Next is to save up for a down payment.  In the case of an auction one would have to have 10% of the proposed purchase price ready to go to cover the buyers premium.  Fisrt though, you have to get pre-approved and qualified for a loan up to a specific amount.  Identify the property and your maximum purchase price including fees, … (2 comments)

 
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