Buying your next home at an auction can save you a huge amount of cash in your wallets. First and foremost you set your OWN price when bidding on a home. You are not at the mercy of a seller unrealistic “asking price”. Other benefits include: No long negotiation period with offers going back and forth, huge selection of homes at rock-bottom auction prices. The lenders at these auctions are very motivated to sell these homes as soon as possible; lenders are in the lending business not home ownership. And to say the least these events are free, registration, pre-qualification, and admission are all included. Go to www.USHomeAuction.com for more details. When you check in you must have a 5,000 cashier check (made payable to yourself) or (cash equivalent) and checkbook. Keep in mind that 5% buyer’s premium will be added to the final cost of the home. Example if you bid 300,000.00 for a home it actually will be 315,000.00 after the 5% buyer’s premium is added. Realtor’s commissions are 1%. Overall if you are in the market for a home this could provide a viable option for homeownership
Monday, December 10, 2007
A Cheaper Way To Homeownership
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