online auction tools
Explore the content below to arm yourself for success.
bank-owned properties
learning center
Learn to navigate the online auction process with confidence.
know the bank-owned bidding process
Be prepared every step of the way.
Create free account
Save your favorite properties, get customized alerts, receive notifications of upcoming auctions and more!
Browse properties
Find a great deal by viewing thousands of bank-owned properties in your area.
Register for Auction
Register to bid with just a few simple steps. Repeat buyers can register in one click.
Auction Begins
Bid on your desired property. Check in often, especially near the end of the auction, to see if the bidding goes into an overtime period.
Win the Auction
If you are the highest bidder and meet the Reserve Price, or minimum that the seller will accept, you’ll be the winning bidder.
Provide Documentation
Once you’re the winning bidder, you’ll sign the purchase agreement, wire your earnest money and provide proof of funds.
Closing, Escrow & Title
You will work closely with contract and closing representatives who will walk you through every step of the way.
Gain Possession
Congratulations on your purchase! Whether you are a flipper, landlord or home owner, the property is now legally yours.
terminology
Be an informed real estate buyer. Visit our helpful Auction.com glossary page.
Know The Icons On The Property Details Page
The icons provide valuable information about the property.
Broker Commission is available
Check if agent and broker commissions are offered.
Cash Only Purchases
The funds can come from your bank accounts, securities or other accounts, but they must be readily available.
Do Not Disturb Occupant
You can take photos of the outside of the building and investigate the neighborhood. But do not trespass or disturb the occupants.
Financing Considered
Check for this icon to see if the property can be financed by a bank or direct lender.
Interior Access Available
Contact the agent on the property page to gain access. If an agent isn’t listed, contact a licensed agent and have the agent call the number on the page. Licensed agents will need to provide their real estate credentials before they can show the property to you.
Buyer’s Premium
A fee required to be paid by the winning bidder. It’s usually 5% of the winning bid or $2,500, whichever is greater.
No Buyer’s Premium
Not all of our properties require a buyer’s premium, a fee charged to the winning bidder.
First Look™ Program
A federal program that allows owner-occupant buyers to purchase homes before they become available to investors.
Find Your Next Investment
Search with confidence, bid with confidence
and win with confidence.