New home auctions
Web12 jan. 2024 · Note that these are all huge assumptions, made for the purpose of this example only, that you should not make in the real world. If you can buy that house at $200,000 (in cash), you’ll break even, because after the repairs, you could sell it for $250,000, assuming that the market doesn’t take a downturn in the interim. Web1. Bring your advanced deposit in a cashier’s check, money order, or cash. The advanced deposit is always provided in the auction listing. It’s commonly 5-10% of the expected purchase price of the home. You must provide the advanced deposit to the auction house before you can participate in the auction.
New home auctions
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