Home Buying in Prescott>Question Details

Leo Humble, Home Buyer in Prescott, AZ

How can I participate in a Public Auction in Prescott, AZ? Dont know where to start. Leo

Asked by Leo Humble, Prescott, AZ Sat Dec 15, 2007

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I am very lucky to participate this discussion .I have no such idea about auction. Recently, I purchased an e-book of Auction Handbook. There are easy steps which is very important for everyone .After that I am very comfortable about auction.

If any one interested:-

Visit:- http://carnproofwebproducts.com/Government_Auction_Handbook/
0 votes Thank Flag Link Fri Feb 25, 2011
Batterman's Auctions and Windermere Real Estate just joined forces and had our first auction in April. We have another coming up in May. There'a web site (see below) with much information and I'd be glad to help you.
0 votes Thank Flag Link Wed Apr 30, 2008
Leo,
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 sellers’ cost) the following items, where applicable, at least 30 days prior to the auction date:
A buyers’ premium of 5% will be added to the successful bidder’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,
Web Reference: http://bradbergamini.com
0 votes Thank Flag Link Fri Apr 18, 2008
Leo,
I just googled "prescott az real estate auction" and got several good leads. Try that and see if you find what you're needing.
Thanks,
Mike
Web Reference: http://www.mikesellsnwa.com
0 votes Thank Flag Link Sat Dec 15, 2007
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