If any one interested:-
What are you looking for? If it is a great deal on a home Public Auctions could be more than you barged for.
Here is some information direct from the auction websites that might tell you something about the home/land that has been offered. You will see Fee after Fee. This all could bring the price of the property to well over market.
The best deals usually are on the open market.(MLS, FSBO)
Yavapai County Foreclosures are held on the county court house steps. You will need 10,000 deposit and hard money with in 24hrs.
There have been bankruptcy auctions, but I like bank owned or pre-foreclosed.
You can search MLS Listings by subdivision at http://www.theprescottmls.com
From local action site.
Seller pays a 1% commission to cover auction and brokerage costs.
Seller pays all applicable co-broke fees upon a successful sale, per the following schedule:
2% listing co-broke, if the property is referred by an agent, or is currently listed with an agent/broker prior to the auction.
2% buyers co-broke, if the buyer is represented by an agent who properly registers the buyer ahead of time. A.
Seller provides (at sellersâ€™ cost) the following items, where applicable, at least 30 days prior to the auction date:
A buyersâ€™ premium of 5% will be added to the successful bidderâ€™s high bid and included in the total purchase
Best to attend and judge for you self, I noticed that prices are increased from the listed MLS price on a few homes offered.
Good luck and have fun,