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Foreclosure Auction

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The Foreclosure Auction occurs on the first Tuesday of the month at virtually every courthouse in the United States. Often times, there will be someone there selling foreclosure packets with all the information on each property. The seller of this list has gone to the courthouse weeks in advance and written everything into the packet that is posted on the "Foreclosure Board" at the courthouse.

At the foreclosure auctions, you must be able to pay CASH for the property within 2 hours of being the highest bidder. You may get a pre-approved line of credit from a banker to get this cash, or you maybe already have the cash at your disposal.

Upon making the purchase, the "Trustee" will take your money and deed the property to you in the following days.

Foreclosures By State:

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Sample Foreclosures:
North Carolina Home. $72,000 below value
Atlanta Home. $45,000 below value.