Why Purchase a Flip and Move House at Auction

Why purchase a flip and move house at auction. Moving a house you purchase at auction to your own land. Is it possible? Why would I want to do this? Do you need to know anything before moving a house that you purchase at auction? Let’s address these questions and answer them one at a time.

Moving a House You Purchase at Auction

First, yes, moving a house you purchase at auction is possible. Say you and the family are searching online for houses to flip and move in Denton Co. Through your search you discover a beautiful home to be sold at auction. You have seen the photos and read all information about the house online. It would be just right for your family. The only catch? Your land is located outside of Denton Co. Not a problem at all. This home is to be moved from the property in Denton Co. Meaning you can still purchase this home at auction and move it to your own property.

Second, why would you want to be moving a house you purchase at auction? Perhaps you already own a piece of property in the country and you have been looking for a home that will fit your family’s needs. Finding nothing near to your location, you turned to searching online, discovering a 2/2 that is a beautiful red color which your wife fell in love with. All you have to do is be the winning bidder and then move the home off of its current property. Keeping in mind that moving costs and any necessary permits will be paid by you the purchaser and are not included in the bid amount.

Why is the beautiful home for sale? Since there are numerous reasons sellers sell homes at auction one may not know why. Of course the reason could be as simple as the seller plans to build a new home where this one sits and needs it moved. Yet, the house is still in great shape inside and out, so they are offering it to be moved.

Third, what do you need to know before purchasing a flip and move house at auction? First and most importantly, read the terms and conditions for the auction. This important step is to be done prior to registering and making your offer. Is the house selling “as is, where is”?. Which is the case for many houses sold at auction meaning you are completely responsible for the home in its overall condition upon bid award. In the words of Myers Jackson America’s Auctioneer, “As is, where is. That means if you find an alligator in the attic, he’s yours!”

Purchasing a House to be Moved Comes with Requirements

Indeed, moving a house you purchase at auction requires permits. Permits will vary depending upon the cities and counties it travels through. For example, TxDMV.gov requires a Single Trip Permit for houses exceeding a width of 20ft. Many times the movers must as well be licensed.

Additionally, do your homework in your community prior to moving your purchased home in. Find out how your new home will be classified. New build or a remodel. Not only are these two different words, they are two different classifications affecting what passes or fails inspection.

Finally, after acquiring the necessary permits, reading and understanding the terms and conditions of the auction and registering, it is time to bid! Place your best offer and hopefully you will be moving a beautiful home to your land for you and your family.