Have you ever attended an auction? If you haven't attended you are truly missing out on an adventure. There is a home auction taking place in Long Beach, CA where around 220 homes will be sold to the highest bidder. Does this sound interesting or scary now? Well it should be a little of both. This is part 1 of posts that will be doing as a series leading up to the home auction in Long Beach on April 5th 2008. Make sure to check back in for details about the auction process, what to watch out for, and how best to protect yourself.
Here are some items to consider:
- No one represents you! - You have to look out for yourself. No one is going to make sure that things are done right for you. They are interested in getting the highest bid possible and getting rid of what they consider a problem.
- Read the fine print - We will speak more about this later but make sure you know what is
- Don't get caught up with emotion - Buying a property at auction can be exciting and entertaining. You need to make a business decision ahead of time before getting caught up in the moment.
So where is this auction in Long Beach taking place? Details of the event and a link to the auction company website are below:
When: April 5th 2008
Where: Long Beach Convention Center
Number of properties to be sold: 220+
Auction Company: Real Estate Disposition Company
Website: http://www.ushomeauction.com
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