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Can I cancel the transaction after the auction has ended?
No. Once announced as “Sold!,” you have agreed to purchase the property. There is no rescission or “cooling off period”.
Auction 101
- For Buyers
- What are REO Properties?
REO properties are properties owned by the... - There's More at an Auction than Foreclosed Homes
For years many people thought real estate auctions equaled foreclosed homes... - Guide to Buying a House at Auction
Buying a house at auction isn't as uncommon as it used to be. In fact... - View All
- For Sellers
- Preparing for a Residential Property Auction
Before you bid, take a minute to review these quick tips for residential property auction success. - Selling? Consider Online Property Auctions
If you want to sell your property quickly at the true market value... - Why Sell Through an Online Property Auction
If selling residential or commercial property is in your future... - View All
