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Auction and its benefits
An auction is basically a public sale wherein any object is sold to the highest bidder. It can be defined as a process
of purchasing and selling things by offering them up for bid, taking bids and selling the things out to the highest bidder....
Cheap Cars From The Auction
Buy Your Next Car Super Cheap at an Auto Auction
Auto Auctions have been popular for years. Many used car traders
snap up autos at the auction for a fraction of the price that it
costs on the outside market. If you want to save big on...
How Do Online Auctions Actually Work?
In the past few years, online auctions have really become a
popular way for people around the world to buy and sell goods.
Now I am not just talking about coins, figurines, or other
collectibles. In fact, collectibles only ranked sixth in...
How Long Should Your Ebay Auction Run?
When it comes to durations, you have a wide range of choices: your auction can run for 10, 7, 5 or 3 days, or even only one day if you have a good enough feedback rating.
There's a reason why you get to choose your duration, and that's because...
Online auctions can be fun and lucrative
When the Internet became popular in the mid-1990s, one of the
first things users realized was its business potential. If you
can do business in a store or through a catalog, why not through
a Web site? And soon online auctions were born.
...
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Real Estate Auction Action - Buying A Home At Auction
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.
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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Yahoo! Auctions - Buy and Sell Sports Cards, Coins, Collectibles ... |
Experience the best Auctions marketplace. Yahoo! Auctions is now FREE. List your auction for FREE, host your own images or Bid to buy great new and used ... |
auctions.yahoo.com |
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eBay - New & used electronics, cars, apparel, collectibles ... |
... and everything else on eBay, the world's online marketplace. Sign up and begin to buy and sell - auction or buy it now - almost anything on eBay.com. |
www.ebay.com |
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Auction Fire - Free Auctions - Online Auction Site - Internet Auctions |
Auction Fire is a free online auction site. An ebay alternative offering free auctions. Internet Auctions Website. Buy or sell in thousands of internet ... |
auctionfire.com |
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U.S. Treasury - Seized Property Auctions |
Auctions - real estate, cars, trucks, vans, homes, boats, aircraft, motorcycles, jewelry, electronics, antiques, luxury items, furnishings, household goods, ... |
www.treas.gov |
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Government Sales and Auctions: FirstGov.gov |
Official site for information on all sales and auctions of government surplus property and assets. |
www.firstgov.gov |
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eBay Australia - Buy or sell practically anything on eBay, the ... |
eBay Australia offers online shopping and online auctions in Australia at eBay.com.au. *Conditions apply. The Buyer Protection Program is subject to the ... |
www.ebay.com.au |
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Clearance Center - Overstock Electronics, Discount Computers ... |
Provides auctions for computer systems, hardware, and software. |
clearance.cnet.com |
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Indiatimes Auction : Digital Entertainment & Lifestyle Shoppe |
Indiatimes > Shopping > Auctions. Choose Categories ... Big Brand Auctions. 1.5 T window AC with LCD remote ... Limited Quantity Auctions ... |
auctions.indiatimes.com |
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MSN Shopping |
Shopping tools including product guides, gift finder and gift certificates and links to online shopping sites with special offers. |
shopping.msn.com |
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Auction - Wikipedia, the free encyclopedia |
Dutch auction: In the traditional Dutch auction the auctioneer begins with a ... ("Dutch auction" is also sometimes used to describe online auctions where ... |
en.wikipedia.org |
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QXL Ricardo plc. the online auction house | Investor Relations |
Online auction with offers for European consumers, including arts, collectibles, cars, computing, consumer electronics and entertainment. |
www.qxl.co.uk |
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Disturbing Auctions |
This site is dedicated to the research and study of the most bizarre items found for sale on internet auction sites. Not the obviously fake auctions, ... |
www.disturbingauctions.com |
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Internet Auction List - Largest Auction Directory |
Find all kinds of auctions divided by types of items. |
www.internetauctionlist.com |
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Overstock Auctions - Online Auctions at Overstock.com - An auction ... |
Overstock.com Auctions your home for Online Auctions. Find great deals on thousands of live auctions. An alternative to eBay, this auctions site is the ... |
auctions.overstock.com |
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Airline Tickets, Cheap Hotels, Vacation Packages & Travel Deals |
The internet leader in Travel Auctions & Buy it Now deals to see the world. Our Lowest Price Guarantee on airline tickets, hotels, cruises, ... |
www.skyauction.com |
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onSale.com Low Prices - Computers, Consumer electronics, Digital ... |
onSale – Don’t just buy it. Get it onSale! onSale has the best selection of computer systems, peripherals, software, iPods, iPod accessories, ... |
www.onsale.com |
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A Survey of Auctions |
Defines in lay-terms the various types of auctions, including English Auctions, Dutch Auctions, and Double Auctions. A brief history of auctions and ... |
www.agorics.com |
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DoveBid - Industrial Auctioneers, Machinery Auctions, Capital ... |
Buy & Sell surplus, used business, industrial machinery, laboratory, R&D equipment at DoveBid, the leading global provider of capital asset management and ... |
www.dovebid.com |
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Neopets - New Neopian Auctions |
Neopets - New Neopian Auctions. Oops! You cannot view this page because you are not logged in, or perhaps you have not created an account yet! ... |
www.neopets.com |
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Car Auctions, Auto Auctions, Online Car Auctions, Salvage Auctions ... |
Car Auctions, Auto Auctions, Online Car Auctions. Pickles Auctions is an Australian owned Auction company, specialising in auto vehicle, truck and car ... |
www.pickles.com.au |
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