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Overview of the Foreclosure Process
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Attending and bidding
You have focused on a property you saw on USA-Foreclosure.com, researched the condition and value of the property, determined that the condition of title is acceptable, and are now ready to attend the auction. What next?

  1. Do at least one dry run. We recommend that prior to bidding at an auction, you attend some auctions to get a feel for the process. Most auctions are held at the same place, daily, weekly, or monthly. Typical locations are the courthouse closest to the property. USA-Foreclosure.com lists the sale locations, so find a “test” property in the general area that you wish to purchase, and attend the auction. Better yet, spend some time researching the test property as though you might bid on it, then attend the auction and see how much it sells for.
  2. Pre-auction check. In many areas the foreclosing bank will provide USA-Foreclosure.com the starting bid several days prior to the auction. This is great information to have, since you will know the minimum amount the property will sell for. In effect, the bank is showing you its cards before the game starts!
  3. Get your cashier’s or certified checks from your bank.
  4. Carefully review the attorney’s or trustee’s auction rules on USA-Foreclosure.com! These will often tell you how the auction is conducted.
  5. Show up at the sale and bid!