Yup.....you have to work with whatever terms the auctioneer has in place. You will probably have to have X amount to register to bid, then you will probably have to come up with more cash ten to fifteen days after the auction and then close within whatever time they require. They are all different.
I always have a title company make sure title is clear BEFORE auction day, it's cheap and you would be amazed at what can come up. Also you can make a quick call and make sure taxes, water/sewer bills are current etc...
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Bryan
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