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October 22, 2007

How-to Monday: Finding auctions

There are auctions aplenty for homes nowadays, many foreclosures but not all ("RELOCATION FORCED SALE, OWNERS WILL SACRIFICE PRICE" screams the listing for one scheduled this week).

Here's how to track them down.

A.J. Billig & Co. lists its upcoming auctions online.

So does Alex Cooper Auctioneers -- main page of listings here, with a link to the auctions scheduled for this week here.

Auction Brokers, the auction house run by the founder of Investors United School of Real Estate, has its listings here

Express Auctions apparently separates its listings of foreclosure auctions from its regular auctions.

Those aren't the only auctioneers in the area, let alone what you can find online (I recently stumbled upon 2RealEstateAuctions.com, which compiles eBay real estate auction listings from across the country).

A word to the wise: If you decide to try to buy -- or sell -- at an auction, do your research first to understand what fees, if any, you'll be expected to pay. Alex Cooper has a 12-page purchase agreement for its auctions, which you can find on its site.

 

Posted by Jamie Smith Hopkins at 9:06 AM | | Comments (0)
Categories: How-to Mondays
        

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About Jamie Smith Hopkins
Jamie Smith Hopkins, a Baltimore Sun reporter since 1999, writes about the regional economy. Her reporting on the housing market has won national and local awards. Hopkins is a Columbia native and has lived in Maryland all her life, save for 10 months spent covering schools in Ames, Iowa.
She trained to become a wonk by spending large chunks of time as a geek and an insufferable know-it-all.
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