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HOW TO BUY AT AUCTION


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BUYERS

* Smart investments are made as properties are usually purchased at fair market value through competitive bidding

* The buyer knows the seller is committed to sell

* In multi-property auctions the buyer sees many offerings in the same place at the same time

* Auctions eliminate long negotiation periods

* Auctions reduce time to purchase property

* Purchasing and closing dates are known

* Buyers know they are competing fairly and on the same terms as all other buyers

* Buyers receive comprehensive information on property via due diligence packet

The true market value of any given item is the value for which one is willing to sell, and another one is willing to buy - it is a meeting of the minds. The auction method of selling is the only method which determines the true market value of any given property. For this reason, you can rest assured knowing that you will never pay too much for a property at auction.