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Most people like to buy from highly motivated sellers.
Highly motivated sellers come here and
want to sell to you.
Question: What does ThePropertyDiscounter.com have to offer me?
Answer: Confidence. If you are looking to SAVE MONEY on your next Real Estate Purchase, this is the place you will find it. If you are looking for real ease of use and an intuitive interface to buy that new home, condo, a building, commercial property, land, investment property, or cool Investment tools, then it has a lot to offer to you? Depend on us, it can happen!
Question: How much does it cost to use ThePropertyDiscounter.com?
Answer: Nothing, it is a FREE use site. It would be great if you visited our advertisers to support us however, it is not manditory. So, please, relax, enjoy the site and good luck bidding on your next property!
Question: How should I prepare to buy and bid at ThePropertyDiscounter.com real estate auction?
Answer: First, check out First Time Buyer. Understand that there will be numerous bidders. Know also that time is of the essence. Second, when you find a property you are interested in, move quickly to complete the following. Third, ask the seller all the questions you may have about the property, Fourth, do your property evaluations and inspections (View a free due diligence list here) or (download the free list here) and finally, prepare your financing prior to conclusion of the auction!
If you are like most users, you will have done your homework in advance, evaluated what the property is worth to you (your maximum bid), and will have arranged for the financing (click on this link, Mortgages Unlimited Inc. will be happy to help you where ever you live!)
You will see that buying real estate at ThePropertyDiscounter.com auction will be a fun, exciting and a streamlined process. By doing your homework beforehand, you can bid with confidence and get a great deal! You should close your transaction (generally 30 to 45 days after the auction).
By participating in this auction process, you can feel confident that you are buying the property at a great price (your price)! You must bid to win!
The fact that all bidders are playing by the same set of rules avoids losing real estate over contingencies or seller concessions. If a contingency or concession is offered to one, it is offered to all. You have to respect that!
Question: What are the "Terms and Conditions" of each sale?
Answer: Each auctions "Terms and Conditions" govern the sale of each property individually unless otherwise stated. They may include information such as the required deposit amount, when the sale of the property will close, and other key facts. You should familiarize yourself with these prior to the auction. Summaries of the "Terms and Conditions" are available within the property listing. Complete "Terms and Conditions" should be available either via download, fax, mail or as part of the Property Information Package contained within each individual auction. Do not confuse the above Terms and Conditions with this sites "User" Terms and Conditions.
Question: How do I bid at ThePropertyDiscounter.com auction?
Answer: It’s fun and really pretty easy to do. Start by clicking here, First Time Buyer
If you are ever unsure whether your bid is the high bid at any given time, just check in on the status of the bidding. Remember, you need to pay attention and be attentive to your bidding as someone may be out bidding you at any given moment. You will recieve an email alerting you that you have been out bid. This keeps you up todate! It's fun and a great way to save money on your next property.
Question: How do I know I am the winning bidder? How do I finalize the purchase and how is the property transferred to me?
Answer: You will recieve an email alerting you that you are the winner. The Seller will make the award at the end of the auction.
You will typically have your closing at a title company or lending institution (bank) of you, the buyers choice, however sometime the seller will need to or just want to use their own title company. See the Terms and Conditions for more information. Generally, property is conveyed by Warranty Deed, free and clear of liens and encumbrances (except for some foreclosures, etc. See "Terms and Conditions" of the particular auction for specifics). Closing costs are primarily governed by the state in which the property is located and your financial lender.
Therefore, please check with your lender and or the local real estate title company or real estate agent if there is one representing the seller to determine the Buyer's costs associated with consummating a sale. The closing period is in the Purchase Agreement and is generally no later than 30 to 45 days after the auction. Things can move quickly. Just remember, the more prepared you are before the final sale, the smoother things will go at closing!
Enjoy Bidding on your property auction!
Thank you,
ThePropertyDiscounter.com
