WHAT IS EXTEND THE BID?
At a Foreclosure sale, if a property does not sell to an investor on auction day, the auctioneer can activate Extend the Bid—a feature that allows bidders additional time to consider the price, place a bid, and make the deal happen.
The EXTEND THE BID Advantage:
KNOW THE PROPERTY IS CLEARED FOR SALE
KNOW THE BID TO BEAT IN ORDER TO WIN
Two Tools, One Goal: Secure More Foreclosure Deals.
Once you're set up, you can find and bid on "Extend the Bid" properties in your Remote Bid dashboard as they become available. On auction day, stay online and be ready to act fast when new deals appear.