At auctions, you can expect auctioneers to be talking a mile a minute and buyers quickly waving their paddles in the air. Although the process is fairly simple there are many terms that an inexperienced bidder wouldn’t know. Knowledge of these common auctioneer terms can be the key to success: Auction chant Known as… Read more »
Before purchasing your first home, you’ll want to focus on a few very important steps of the home buying process. After stabilizing your credit, determining what you can afford, and researching all costs, you’ll be ready to get into the more exciting aspects of choosing your first home. Stabilize Your Credit Your credit score is… Read more »
Trying to buy or sell a home or property on your own can become a headache and a hassle. What if few, if any, people are interested in it? How are do you find the right buyers? An auction, on the other hand, is about bringing like-minded people together for a purpose, and auctions… Read more »
Why are auctions exciting endeavors? It comes down to a study of human psychology. We don’t generally tell others that we secretly revel in winning something while others lose, but face it: that’s often the truth! Auctions give us a chance to potentially acquire something we want for a price lower than we thought we’d… Read more »
Back in 1987, when Smith and Company first got started, the average cost of a new house was $92,000 and the average income was $24,350 a year. Monthly rent for an apartment would run you about $395 and a brand new car cost about $10,300. Can you imagine this: gas for the car was 89… Read more »
Real estate auctions are very common, especially recently with the surge of foreclosures. A potential homebuyer can certainly purchase a great home from auction at a very affordable price. However, there are things you must know about the auction process and how to approach this circumstance appropriately. Before you attend your first real estate… Read more »
