BUYING HOUSES ON AUCTION.COM | AREN 107

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This week we sit down with Tim Johnson from Auction.com. Auction.com is the nation's largest marketplace for distressed properties. Tim discusses the process of buying a home on Auction.com and what you can expect throughout the process. He also shares some due diligence items you should look into when purchasing homes sometimes sight unseen.
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Tags:
#foreclosureauction #auction.com

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Опубликовано:

22 июл 2019

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Комментарии : 46

@timjohnson5555 4 года назад

edit....NC is a "Non-Judicial State". In North Carolina, most residential foreclosures are nonjudicial. This typically means the lender can foreclose without going to court so long as the deed of trust contains a power of sale clause. Though, North Carolina nonjudicial foreclosures usually involve one court hearing

@AshevilleRealEstateNews 4 года назад

Thanks for the update Tim! Would love to have you back on the show this fall.

@joseporelmundo5514 3 месяца назад

You forgot to mention that the Bank is also allowed to bid and always bid way higher to keep the property

@Avsbk 2 года назад

he just shared his experience, he is not answering to any question. just killed 38 minutes, he didn't share anything important.

@johnathansawyer8736 3 года назад

GREAT STUFF! Thanks so much for posting this.

@jerrickcampbell3171 9 месяцев назад

Thank you so much for this interview

@joseporelmundo5514 3 месяца назад

Listed agent never want to show you the property they tell you to find you an agent

@Themachineincmarte Год назад

Thank you 🙏🏼 🙏🏼🙏🏼🙏🏼 for the information ℹ️

@Twenty3TC 4 года назад

Thanks for the information.

@AshevilleRealEstateNews 4 года назад

Glad you found it helpful!

@goodmorningfamily7051 Год назад

Thank you 🙏🏿 🕊.

@stayfocusedmedia 3 года назад

Great video

@myd0gr3x 11 месяцев назад

a Title Abstract should be attached to every property description, otherwise the Auction isn't actually selling a property, it's selling a liability...

@fulana3456 3 года назад

Listening for 5 minutes already and didn't say anything

@keyoneemadison996 Год назад

How do you find out what the reserve is and how to find out what ALL the closing cost are?

@mikewhite9818 3 года назад

If Auction.com was ethical they would show more pictures. They have them but do not show. Every house I have bought are in extremely poor shape. Worse than the minimum bid can justify.

@bobsibert1968 Год назад

100%

@RiverSLV 4 года назад

Fantastic

@AshevilleRealEstateNews 4 года назад

Thanks for much for taking the time to check it out!!! Bets of luck if you're bidding!!!

@stayfocusedmedia 3 года назад

Damn good questions

@AshevilleRealEstateNews 3 года назад

Glad you found it helpful!

@andrewramirez1286 2 месяца назад

So do you get your $2500 back ? And what do you mean you tender the 5% or the line at 22:40

@lukelavelle6670 Год назад

That's a really shitty "firewall" for people like me, low income trying to just get up. Looks like I'm looking elsewhere

@Zuddybuddy 5 месяцев назад

JV with other investors, do $10 options (least I made was $2k, most was $24,500....), wholesale with $100, use private lenders if you find a solid deal......

@angelrobinson2967 2 года назад

Question, the total cost of the home will be the amount you bid on at auction? Or would it be the estimated resale value ?

@tonytucker8651 Год назад

What you bid plus closing costs

@romie7054 Год назад

It's the reserve price

@betterhomesnc2437 3 года назад

As soon as he said "most trusted" I immediately didn't trust a word he said.

@jackware5609 3 года назад

This was ok in some informative ways. I wish it would have been more direct in pointing out strategic ways to invest through the auction, instead of just general facts. In the future let the person who's being interviewed fully answer the question before interjecting. You were asking him and answering for him in parts all throughout the process.

@AshevilleRealEstateNews 3 года назад

Thanks for the feedback Jack. Good to know!