Whether you are a buy and hold investor, fix and flipper, or property wholesaler, if you have financing in order, buying foreclosure and REO properties at auctions is a great way to get a good, quick deal. You might be surprised at how many properties are being auctioned in your area; you just have to know where to look. We have put together some of the best ways to find auctions. Bonus, even if you don’t want to buy a property, auctions are a fantastic way to network with other real estate investors.
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Auction Websites
There are a handful of websites dedicated to finding property auctions. Auction.com and Hudson & Marshall are some of our favorites. -
Newspapers
Local newspapers can be a gold mine of property auctions. Check the legal notices section. -
The U.S. Treasury
The U.S. Treasury holds approximately 300 public auctions every year with many good real estate deals. -
Google Search
You’d be surprised at how many deals you can find simply by typing “foreclosure auctions” into Google.
Remember, when buying a property at auction, careful research and preparation is key. For more methods on finding property deals, check out our blog post How to Find Investment Properties in a Tight Market.
Related: Tips and Tricks to Find Investment Properties in a Tight Market, Where Should I purchase my rental property?
