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What is the property address? Can you describe the area where the property is located?

The address for this property is located in the auction description. If no address is noted or the property does not have a street address, you may wish to contact the county where the property is located to inquire about the exact location. You will need the legal description or the parcel number, provided on the auction listing, to find the exact location of the property.

How can I get more information about the property? How many bedrooms and bathrooms does this property have? How many acres is the property?

All information that we have regarding this property is listed in the auction description. Please take a few moments to read the entire auction listing. If you still have additional questions, please contact the seller. If an inspection is offered, you may want to consider signing up for the inspection. Inspection dates will be listed on the auction. Information about the neighborhood where the property is located is available from databases accessible through the Resource Center.

Can I inspect the property? How many people can attend the inspection?

In some cases, it will be possible to inspect the property before bidding. If an inspection is offered for a property, the date and time of the inspection will be posted under the "Inspection Details" section of the listing. If no inspection details are listed, you may contact the seller or their agent to see if an inspection is offered. Read all details carefully. Some properties that offer an inspection may require that each person wishing to participate, schedule an appointment and sign a waiver. Details will be included in each auction.

I missed the inspection date. Can I still view the property?

In most cases you will not be able to inspect the property if you missed the inspection. However, you should contact the seller or the agent to see if a special arrangement can be made to view the property.

Are there any liens on properties that I will have to pay?

In some cases, properties sold through online auctions on Bid4Homes may have had a title search done before the property is listed so the status of property liens should be reflected in the due diligence information on these auctions. In addition, bidders are protected from liens on all properties listed by the U.S. Marshals Service. The USMS will pay all outstanding liens on properties they sell. As with the purchase of any property, whether it is purchased directly through an agent or seller, or through an online auction, we strongly advise doing thorough due diligence on any property before purchasing. Read the terms of sale in the auction carefully. These terms constitute a contractual obligation. Read the Bid4Homes "Terms of Service" agreement carefully.

How much are closing costs? If I'm the highest bidder in a Bid4Homes real estate auction what fees are associated with settlement other than my winning bid amount?

As the winning bidder, you are responsible for closing costs. It is the responsibility of all potential bidders to retain a settlement company at their cost.

Should I hire a settlement company?

As the winning bidder, you are responsible for the winning bid amount, settlement and closing costs. The final selection of a settlement company will be up to you and the seller consistent with state laws. Regardless of who you choose to manage your settlement, you will be asked to provide some information, essential to settlement, immediately after you are notified that you are the winning bidder.

How do I finalize the sale if I'm the winning bidder?

All winning bidders should read the Bid4Homes' "Terms of Service" agreement carefully. Read the terms of sale in the auction carefully. The terms of an auction constitute a legally binding contractual obligation. If you are the winning bidder, you will receive an email immediately after the purchase confirming the amount of the winning bid. Winning bidders will receive a Buyer's Agreement by email. The Buyer's Agreement will list the terms of sale that were in the auction details. Remember, the terms in the auction constitute a contractual obligation. Winning bidders will also receive an email asking for information that will help begin the settlement process. If the winning bidder does not perform, he/she forfeits their bid deposit to Bid4Homes and the seller

Do you offer title insurance? Can I use my own title company to complete the sale? How much are the title fees associated with the property?

It will be necessary for you to hire a title company to do a title search. You must also arrange for title insurance.