Home Auctions in Florida - Real Estate Auctions FL (2024)

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    Signature Seller Auctions

    1/2 Listed by M DAVID MOALLEM INC00 SW24 Mims, FL 32754 0 Beds 0 Baths 148,540 ft2 00 :32:00HoursMinutesSeconds Current Highest Bid $19,000 Signature Seller Auctions

    Signature Seller Auctions

    1/2 Listed by M DAVID MOALLEM INC00 Off Harrison and Hog Valley Rd Mims, FL 32754 0 Beds 0 Baths 107,158 ft2 00 :32:00HoursMinutesSeconds Current Highest Bid $24,000 Signature Seller Auctions

    Signature Seller Auctions

    1/3 Listed by M DAVID MOALLEM INCLot 1 N of Pineneedle Mims, FL 32754 0 Beds 0 Baths 202,554 ft2 00 :32:00HoursMinutesSeconds Current Highest Bid $34,000 Signature Seller Auctions

    Signature Seller Auctions

    1/2 Listed by M DAVID MOALLEM INC1117 Palo Alto Street SE Palm Bay, FL 32909 0 Beds 0 Baths 10,454 ft2 00 :32:00HoursMinutesSeconds Current Highest Bid $44,000 Signature Seller Auctions

    Signature Seller Auctions

    1/2 Listed by M DAVID MOALLEM INC1141 Palo Alto Street SE Palm Bay, FL 32909 0 Beds 0 Baths 10,454 ft2 00 :32:00HoursMinutesSeconds Current Highest Bid $44,000 Signature Seller Auctions

    Signature Seller Auctions

    1/3 Listed by M DAVID MOALLEM INCLot 4 N off Pineneedle Mims, FL 32754 0 Beds 0 Baths 51,836 ft2 00 :32:00HoursMinutesSeconds Starting Bid $9,375 Signature Seller Auctions

    Signature Seller Auctions

    1/3 Listed by M DAVID MOALLEM INCLot 2 N of Pineneedle Mims, FL 32754 0 Beds 0 Baths 54,450 ft2 00 :32:00HoursMinutesSeconds Starting Bid $9,375 Signature Seller Auctions
    BANK-OWNED 1/22 Listed by Vylla Home989 NW 156TH AVE Pembroke Pines, FL 33028 4 Beds 3 Baths 2,880 ft2 01 :32:00HoursMinutesSeconds Current Highest Bid $560,500

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    Home Auctions  in Florida - Real Estate Auctions FL (2024)

    FAQs

    How do home auctions work in Florida? ›

    Deposit Funds

    Fore each property you intend to win, the amount you deposit equal 5% of your maximum bid. If you are the winning bidder, your deposit will be applied to the total cost of your purchase. If you are not the winning bidder, you will be able to use your funds for other auctions, or request a reimbursement.

    How to bid on houses in Florida? ›

    Anyone may bid on a property; however, bidders must register to bid on the Realauction website before participating in a sale. Once registered, bidders receive a bidder number and have access to their Realauction bidder's account by signing on with a username and password.

    How do I find local foreclosure auctions? ›

    An internet search for your city or county name along with the words “public records,” “foreclosure,” or “foreclosure auction” is likely to turn up results that lead you to the appropriate information. You can also search for listings in local papers; often, public auctions have to be listed by law.

    Do you need a real estate license to auction in Florida? ›

    Do I need an auctioneer's license to auction real property? No. A licensed auctioneer cannot auction real property without a real estate broker's license. A licensed real estate broker may auction real estate without an auctioneer's license.

    Do auction houses have to be paid in cash? ›

    To participate in a foreclosure auction, bidders may be required to register in advance and must be able to provide payment in cash, as most auctions are cash-only. This may include a cashier's check or other form of payment, depending on the state and local rules.

    What to know before bidding on a house? ›

    Note: You could probably get the utilities estimate from the seller before making an offer.
    • Run the expenses through your budget. ...
    • Take another walk through the house. ...
    • Get a home inspection. ...
    • Talk to the neighbors. ...
    • Evaluate the commute to work. ...
    • Look to the future. ...
    • What to remember. ...
    • Ready to take the next step?

    What is the best strategy when bidding for a house? ›

    Offer to pay seller costs.
    1. Pay Cash or Waive Financing. ...
    2. Get Preapproved for a Loan. ...
    3. Line Up an Attorney and Asset Information. ...
    4. Remove Contingencies. ...
    5. Include Escalation Clauses. ...
    6. Modify Inspection Requirements. ...
    7. Include an Appraisal Gap Guarantee. ...
    8. Offer to Pay Seller Costs.

    What is the best bid on a house? ›

    The best and final offer will be the highest amount that a prospective buyer is willing to pay for a property. Usually, all interested buyers will be asked to submit their best and final offer by a certain date, so the seller can consider each offer at the same time.

    Do sellers have to accept the highest bid? ›

    The answer is often “no.” Conventional wisdom might suggest that during negotiations, especially in a multiple-offer situation, the buyer who throws the most money at the seller will snag the house. In reality, however, it doesn't always end up that way.

    How do I find a foreclosed home in my area? ›

    Below are eight ways to find foreclosure listings:
    1. Foreclosure real estate agent. Find a real estate agent who specializes in foreclosed properties. ...
    2. Check Zillow. ...
    3. Newspaper. ...
    4. Bank websites. ...
    5. Government agencies. ...
    6. Public records. ...
    7. Do a drive-by. ...
    8. Auction houses.
    Jul 30, 2024

    Is Bid4Assets legitimate? ›

    It has served the United States Marshals, the U.S. Department of Treasury and over 100 counties throughout the United States. To date, Bid4Assets has sold over 125,000 properties nationwide and grossed over $1 billion in sales.

    How to buy abandoned homes in California? ›

    Another option to buy an abandoned house legally is to use an adverse possession claim. This is a legal doctrine that allows a non-owner to claim ownership of a property if they have occupied it openly and continuously for at least five years, paid the property taxes, and improved or maintained the property.

    How much does it cost to get an auction license in Florida? ›

    Pay the fee. It's $300 for your initial application. Be ready to pay a $75 renewal fee each year, too. Attach the $300 fee to your application and send it in along with it.

    How does Florida house auction work? ›

    At the date and time specified for the sale, each property is auctioned in order of file number and sold to the highest bidder. Before the sale, each bidder must post with the Clerk a deposit equal to 5% of their anticipated high bid.

    Can I sell my house without a realtor in Florida? ›

    Yes, you can! Just sell your house by owner in Florida, like 10% of all home sellers. FSBO saves you more than just money—it saves you time too. 77% of FSBO homes sold within 2 weeks compared to the 4-12 weeks with an agent.

    What are the requirements to buy a foreclosed home in Florida? ›

    8 Steps To Buy Foreclosed Homes In FL
    • Get Pre-Approved For Mortgage Financing.
    • Hire A Florida Realtor Or Real Estate Agent.
    • Find A Foreclosed Home In Florida.
    • Tour The Foreclosed Home.
    • Submit Your Offer.
    • Perform Due Diligence.
    • Get A Home Appraisal.
    • Close The Deal.
    Jan 19, 2024

    How do foreclosure sales work in Florida? ›

    The sale is an auction, which is open to the public. At the sale, the lender usually makes a credit bid. The lender can bid up to the total amount owed, including fees and costs, or it may bid less. If the lender is the highest bidder, the property becomes "Real Estate Owned" (REO).

    What happens after foreclosure auction in Florida? ›

    Unfortunately, reclaiming your home is generally next to impossible once the foreclosure is final, as the court issues a Certificate of Sale and the redemption period ends. Once the sale is final, homeowners have ten business days to contest the foreclosure on a legal basis.

    How does an auction house make money? ›

    Buyer's Premium: A fee paid by the buyer, based on a percentage of the hammer price. This fee varies with the price bracket of the item sold; each house is different and can change their premium schedule at a moment's notice. For reference, Christie's New York currently charges: 26.0% of hammer price, up to $1,000,000.

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