Fri, 30 October 2009
The number of bank owned homes has skyrocketed in the last few years. With so much inventory it has become important for banks and corporate owners to come up with alternative methods to selling homes other than just on the MLS. Amy Bates, SVP of Marketing at Williams & Williams Auctions, one of the premier auction companies in the country, shared with us the inside information on how auctions work.
Amy explained the whole process and benefits of buying homes post-foreclosure at the auction including...
"I need to find affordable insurance for a house I'm buying to rehab and flip, something that will at least cover the structure. How do you guys do it?" - Dave in Toledo