- Complete control over buying the home you want
- Eliminates multiple “blind offer” situations
- Complete price transparency
- Reduced cost if you don’t have already an agent
- Normal contract and closing process
- All forms of traditional financing accepted
With auctions, there’s no more “blind” multiple offers with sellers seeking the “highest and best offers” and buyers not knowing what to offer or worst yet, over-paying for the home. Buyers see EXACTLY what is being offered and can decide what they are willing to pay for a home.
Unlike traditional real estate auctions, where buyers have to go in to escrow without being able to preview the home or inspect the premises, have no contingencies and put up a hefty (and non-refundable) deposit, IEHomeAuctions.com is simply a better way to buy and sell a home.
At the end of the bidding process, the buyer will proceed with a standard Purchase Agreement, with all the expected buyer’s contingencies and inspection time frames.
The whole process is transparent and convenient, which is why sellers and buyers love the process!