FAQs
- How are properties scheduled in auctions?
- Will the property have a clear title?
- Is there a buyer's premium added to the winning bid at a redemption auction event?
- Can I inspect a redemption property prior to sale?
- What type of payment is required to purchase a redemption property and when is it due?
- Can a redemption property be financed?
- Can I bid online on a redemption property?
- Do I need to register to bid at a redemption auction event?
- How long will each redemption auction event last?
- What is a redemption auction?
- What is the right of redemption?
- What is a commercial property and auction event?
- What’s the process of purchasing a short sale property?
- Are there any additional fees required to purchase a short sale property at a Xome auction?
- Do short sale auctions on Xome typically allow for purchase contingencies?
- What is the benefit of buying a short sale property?
- What is a short sale property auction?
- What does REO stand for?
- What does due diligence mean (and how do I do it)?
- How do I search for bank-owned properties?
- Will the property have a clear title?
- Is there a buyer’s premium added to the winning bid at a foreclosure trustee auction event?
- Can I inspect the property prior to an auction event?
- What if a foreclosure trustee auction event is cancelled or postponed?
- What type of payment is required to purchase a foreclosure trustee property, and when is it due?
- Can a foreclosure trustee property be financed?
- Do I need to register to bid in a foreclosure trustee auction?
- When and where do foreclosure trustee auction events occur?
- How long will each foreclosure trustee auction event last?
- How can I buy a foreclosure trustee property?