by Myers Jackson | Jan 5, 2025 | Auction News
Do I get clear and insurable title? The buyer is responsible for the title policy if the transaction is insurable. All property is offered “As Is” and “Where Is” with no guarantee or warranty, expressed or implied. Information about known...
by Myers Jackson | Jan 5, 2025 | Auction News
When there is cash or no financing contingency, can I still bid? Yes, you can still bid. A cash offer might seem better to some, but waiving the financing contingency can also be attractive. However, forfeiting deposits or other contingencies can introduce risks....
by Myers Jackson | Jan 5, 2025 | Auction News
Is it true that sellers don’t always pick the highest offer? Sellers don’t always pick the highest offer. For instance, an offer well above the asking price with a 5% down payment might be rejected if the property doesn’t appraise at the proposed purchase price. How...
by Myers Jackson | Jan 5, 2025 | Auction News
What are aggressive bidding strategies? We define multiple aggressive bidding strategies: MAX BIDDING TOOL, high opening bid, high bid increase (jump bids), short acceptance deadline with collectable funds at the BID AWARD. Some bidders want to end the bidding...
by Myers Jackson | Jan 5, 2025 | Auction News
Frequently ask questions about Auctions is very common. Below is a list that people ask when talking about Auctions. These also include questions about how the Auctioneer handles certain situations.. questions range from live auctions to online only Auctions. People...
