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  • Real estate auction action - Buying a home at auction
    Author: Jakob Jelling
    Due in part to the popularity of the U. S. Department of Housing and Urban Development (HUD)'s home auction program, more potential homebuyers than ever are buying homes at auction. Homes for auction aren't limited to just HUD, however. Many government entities auction homes for payment of back taxes, and some homeowners even auction their homes on eBay.com!

    Homebuyers considering buying a home at auction should take some steps in advance to help them with their bid price, and even whether to bid at all on a specific home. There will always be a degree of risk when buying a home this way, but with a little diligence, potential homebuyers could save a lot of money buying in this manner.

    Before the auction, you should have your financing arranged, and have enough cash on hand or in your bank account to cover a deposit on your purchase. You need to check the features, location, condition, and ownership history first. Afterwards, be sure to learn what the property is worth by looking at sales of comparable properties in the same area. Compare homes with the same number of rooms is possible, but be sure to allow for price differences due to pools, decks, carpeting, window treatments, etc.

    At the auction itself, resist the temptation to get into a personal bidding war, just "to beat out the other guy". Have a set price limit and stick to it. Other houses will come along, and you don't have to win the first auction that comes your way.

    You should know that the price of a home at auction is typically the loan balance (if foreclosed), plus any back taxes owed, plus legal fees and other expenses in foreclosing the property. This will typically be the opening bid amount, and the price will go up from there. Even so, it's possible to get a great deal in an auctioned house, with a little research and planning first.

    Also, know that you probably won't be able to get an inspection, and are buying the home "as is". If you can't do any needed repair work yourself, or can't hire it done within your budget, you may not end up getting such a bargain in the end.

    About the Author

    Jakob Jelling is the founder of http://www.cashbazar.com. Visit his website for the latest on personal finance, debt elimination, budgeting, credit cards and real estate.

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  • TechBlowouts.com

    More sites that feature euro military surplus

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    2. Trailer Refrigeration Links
    ... I-10 Surplus - Military Surplus Equipment, Aircraft Ground ... coins, unit award and military specialties Murals by Jos ... of our products are priced in Euro to allow Irish and European ...
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    3. Balita Organization, Inc - Biz Balita ... linking Filipinos with business news
    ... U.A.E. Dirham 13.9289 E.Union Euro 61.2365 from BSP Advertisement ... BSP said the full year BOP surplus equivalent to 2.5 percent of ... 70,000 Filipinos 24 - Luzon military on red alert for PMA ...
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    4. Debt Consolidations
    ... bill consolidation loans for military Bill consolidation loans in ... debt erase credit card debt Euro RSCG Tyee MCM Debt Free ... open market monetary policy surplus debt reduction opinions utah ...
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    5. Sphere's Used Electronic Test Equipment
    ... 6Z4 US Vacuum Tubes 7A4 to 9999 Euro/Alpha Vacuum Tubes EL84, etc ... obsolete lines, or are for military or avionics systems. JM38510 ... lines are here. These are all surplus parts, in like new condition ...
    http://www.sphere.bc.ca/test/


    6. Museletter # 149 / August 2004: The Endangered US Dollar
    ... oil in dollars. The remaining surplus was invested in U.S. Treasury ... foreign economic policy and military policy continued to be ... the European Union and the euro - an entirely new pan-European ...
    http://www.museletter.com/archive/149.html


    7. The Gadflyer: Fly Trap
    ... or's latest book, Eurabia: The Euro-Arab Axis (Fairleigh Dickinson ... equivalent of the US military .50cal sniper rifles. They ... benefits of its tax cuts, "the surplus runs out in, - er maybe never ...
    http://gadflyer.com/flytrap/index.php?Week=200506


    8. china exports -- china exports
    ... al_devices_china.html CBC News: Canada's trade surplus balloons on natural gas exports ... increase ... ... gov/p/us/rm/2005/45146.htm MILITARY EXPORTS TO CHINA ... S. AND EURO MILITARY EXPORTS TO CHINA ...
    http://www.fcexport.com/chinaexports/


    9. Ukraine Life
    ... 500 miles from Scotland's Euro 2008 qualifier with Ukraine ... eve... Daily Look at U.S. Military Deaths in Iraq - Yahoo Daily ... 20 results BUSINESS: Budget surplus to decline in 2007-2009 IKEA ...
    http://www.ukrainelife.com/


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    11. Lan Optics International - HELP
    ... priced above $200. Checks (we do not accept Euro checques): Checks must be drawn from a U.S ... ... Telescopes Spotting Scopes Microscopes Russian Watches Military Surplus Help Desk Homepage
    http://www.russianoptics.com/page11.html


    12. Turkey Country Analysis Brief
    ... s Repsol submitted a 1-billion-euro bid for a 51 percent stake in ... Eni, OMV, and the the Turkish military pension fund. Pipelines Oil ... the possibility of storing surplus natural gas in underwater ...
    http://www.eia.doe.gov/emeu/cabs/turkey.html


    13. The Rebel Rouser: military dump truck
    ... police | east german military surplus | easy military loan ... referendum on continuation of military government is approved. May ... page. 07/19/04 - Added 2001 Euro Military Action Packs page. 07 ...
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    15. Furniture manufacturers2c arts and crafts
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    16. Bujang Lapuk Abroad...
    ... to give a presentation on the subject of "the Euro versus the Dollar". Currency exchange rates ... ... was a perfectly legitimate question: if the surplus economies of the Far East were to go into ...
    http://bujanglapuk.blogspot.com/


    17. ☞ military - military family housing phase iii lajes field azores - mi...
    ... FAGANEANEA TO NUUULI, TUTUILA ISLAND ... 742,000 EURO. MILITARY FAMILY HOUSING, PHASE III, LAJES ... ... Retirement Military School Military Star Military Surplus Military Tank Military Tattoo Military ...
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    18. Pictures military jeeps
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    19. Sudan Monthly Report February 15, 2001
    ... Commission has approved Euro 15 million (US$14.1 million ... war, Museveni said Uganda's military presence in Congo was needed ... Identifying areas of potential surplus and the expected amounts. In ...
    http://web.peacelink.it/africa/scio/month_57.html


    20. Aid News
    ... Weather SPORT CricketPremier Euro 2004 EurosportsNews ... deliver former Bosnian Serb military chief Ratko Mladic to The ... Tanzania Women Asahi News Surplus milk to be used as food aid ...
    http://archive.wn.com/aidnews/


    21. Windows 2000 server operating system discount sale
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    22. US Military Surplus 100% Wool Sweater [L002] - $12.00 : The Strategy Zone Ca...
    ... Notify me of updates to US Military Surplus 100% Wool Sweater Tell A Friend Tell someone you know about this product. Languages Currencies US Dollar Euro Who's Online There currently is 1 ...
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    23. No 4, 2003
    ... oil in dollars. The remaining surplus was invested in U.S. Treasury ... foreign economic policy and military policy was dominated by the ... Japan and East Asia. A Petro-euro rival? The end of the Cold War ...
    http://www.currentconcern .../2003/04/20030409.php


    24. ford vehicles
    ... really ... ... so no supplement for Diesels Euro IV Diesel Vehicles do not attract a surcharge ... ... japanese vehicles luxury cars review military surplus vehicles military vehicles military ...
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    25. MILITARY COMMUNICATIONS/ELECTRONICS
    ... radios and other equipment. US-Euro-NATO Radio Equipment Picture ... of collecting and restoring military radio communications gear ... operated and so on. The Surplus Radio Society is a Dutch ...
    http://www.olive-drab.com ...ther_electronics.php3


    26. Stocklottrading - European military stocks, surplus and overstocks.
    ... european military overstocks Pricing? Cost: 500 EURO/year. (Excl. 21% VAT./ Only for Belgium ... ... suppliers. Stocklottrading - European military stocks, surplus and overstocks. Privacy policy ...
    http://www.stocklottradin ...r/military_stocks.asp


    27. TONY WOOD - THE CASE FOR CHECHNYA
    ... the us , been incorporated into Euro-Atlantic defence structures ... eventually won through sheer military might, but the persistent ... had resulted in an estimated surplus labour force of over 100,000 ...
    http://www.newleftreview.net/NLR26401.shtml


    28. IEER | Subject Index
    ... January 1999) Commercial and Military Nuclear Waste (January 1999 ... Times if OPEC Switches to the Euro (March 2001) Nuclear Power: A ... Weapons-Usable Commercial and Surplus Nuclear Weapons Plutonium ...
    http://www.ieer.org/webindex.html


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    30. Bradleys Military Surplus
    ... 10. BDU Shirt, MED, Used Currencies US Dollar Euro Information Shipping & Returns Privacy Notice ... ... 24 June, 2004 Copyright © 2004 Bradleys Military Powered by osCommerce Modified by Seer ...
    http://www.bradleys-military.com/catalog/


    31. Trends I'm Watching
    ... app Manufacturing Media Military More for Less Open source ... another 10% against yen and euro. 7. International markets ... trade deficit, shifted from a surplus to a deficit in the fourth ...
    http://www.trendsimwatching.com/


    32. Europe
    ... had pushed the development of military industries in the republic ... pegging of its currency to the euro. A major goal is accession to ... the internal government surplus is a plus. Governments on WWW ...
    http://www.peoplegoingglobal.com/Europe/Europe.htm


    33. The world's fastest access to the world's leading international HR solution
    ... Africa Americas Asia Europe Euro-Zone Global Latin America ... by multinational forces in a military operation, reportedly in a ... as China, whose massive trade surplus with the US has prompted ...
    http://www.eca-international.com/ASP/NewsRoom.asp


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    35. EU ASAC - The EU's Assistance on Curbing Small Arms and Light Weapons in the...
    ... a Flame of Peace ceremony at which 4,153 surplus military weapons belonging to the Royal Cambodian ... ... 23/08) European Commission provides 1.2 Million Euro to promote community forestry in Cambodia ...
    http://www.eu-asac.org/


    36. PGM Worldwide, Inc.
    ... of that came later, when the surplus began. If we eliminated ... nations are doomed by the Euro. The false notion that federal ... Medicare, education, the military, the ecology. End taxes. End ...
    http://www.rodgermitchell.com/resources.html


    37. Etymologically Speaking...
    ... Due to a sizeable trade surplus with Mexico, the United States government found itself with a sizeable quantity of Spanish Colonial silver "thalers" which it then proceded to use as the basis for the ...
    http://www.westegg.com/etymology/


    38. How Many Miles from Babylon
    ... France, began to submitt these surplus dollars to the US treasury ... we are because after the military conquest of Iraq, we didn't ... that it is setting up a Euro based oil market. 2) The US ...
    http://milesfrombabylon.blogspot.com/


    39. Grandfather Foreign Trade & Debt Report - summary page - by MWHodges
    ... merchandise (goods, excluding military) trade balance each year ... realize a much larger trade surplus than does China. One thing ... of negative 40% against the Euro in recent years. One should ...
    http://mwhodges.home.att.net/reserves.htm


    40. Inflation
    ... We admit that it is well nigh impossible to exactly balance taxation to budget requirement, yet if and when taxation has supplied a budgetary surplus, this should be set aside as a ìreserve or ...
    http://www.economic-data.com/inflation.htm


    41. CLARKSDALEWEBINFO.COM
    ... the announcement of a major military offensive when the poll was ... selling the dollar against the euro. Forty-nine percent said the U ... to save the Social Security surplus to pay for future benefits ...
    http://www.clarksdalewebinfo.com/


    42. Official Website of the G8 presidency of the Russian Federation in 2006
    ... commercial, social security and juvenile ones, military tribunals, etc. There are four hierarchic ... ... billion euros compared with the 1.69 billion euro surplus in 2003. In 2004, French exports increased ...
    http://en.g8russia.ru/g8/members/france/


    43. Foreign Exchange and Metals quotes and Global Money Trends newsletter
    ... it clear, that we will use military might to protect our ally ... 3.92 4.07 England 4.54 4.66 Euro zone 2.88 3.08 Hong Kong 4.56 ... s trade balance back to a surplus from a deficit in January ...
    http://sirchartsalot.com/


    44. euro military surplus
    euro military surplus Deals on new and refurbished brand name electronics save you up to 90% off suggested retail! SeizedElectronics.com Auctions Seized cars from $100, boats, real estate ...
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    45. Dunya Online News In English
    ... Sat USD 1,3408 YTL 1,3473 YTL EURO 1,605 YTL 1,6127 YTL 25.03 ... Ankaraís Bilkent Hotel. Top military officials from 82 countries ... and to attract the monetary surplus resulting from the growth in ...
    http://www.dunyagazetesi. ...ept_id=87&menu_hlt=on


    46. Tax - Wikipedia, the free encyclopedia
    ... history to carry out the functions such as: military defense, enforcement of law and public order ... ... units of the good are sold at price P1. Social surplus, here equal to the consumer plus the producer ...
    http://en.wikipedia.org/wiki/Tax


    47. Tax
    ... A permanent loss of surplus occurs, shown in orange. This ... scutage - paid in lieu of military service; strictly speaking a ... needs 3.7 billion Euro only for taking the income-tax ...
    http://tax.iqnaut.net/


    48. Mises Economics Blog
    ... the Putt-Putt Economy (March 30, 2004) US Has Surplus in IT Services (March 25, 2004) More Tales ... ... December 11, 2004) The Onion: Dollar Low Against Euro (December 08, 2004) Humphrey Bogart ...
    http://blog.mises.org/archives/authors.asp


    49. 21st Century futurecast
    ... they need for expansion. The Euro, the internet, and the need to ... The politics of budget surplus have replaced the politics of ... Problems with deteriorating military readiness were confirmed by ...
    http://www.futurecasts.co ...ntury_futurecast.html


    50. Geiger Counters, Military Surplus Parachute, Mine Detectors and more at Cole...
    ... Double Handle, Dept. of the Navy 20.00 351301 Helmet and Liner, Euro Military 19.95 351801 Digital Analog Field Phone Military Surplus 149.00 349701 Flag, United States Navy 5 in. x 4 in. 0.99 ...
    http://www.colemans.com/gallery.htm


     

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