What is Foreclosure Auctions?
A foreclosure auction is the public sale of a property after default, where it is sold to the highest bidder. Notices of trustee sale, sheriff’s sale, or court judgments set the date and time. Investors who show up prepared can acquire properties at significant discounts, though with added risks.The Right Audience
Investors seeking to buy directly at auction. Properties are identified through foreclosure auction notices and sorted by sale date.See How Many Foreclosure Auctions Are in Your Market
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Outreach Channels
The channel is the auction itself. Success depends on showing up prepared|with cash or funding secured|and a short list of properties identified through research.Measuring Success
Success is measured by winning bids that pencil out into profitable deals. Track your hit rate (deals purchased vs. properties bid on) and monitor ROI against traditional acquisition methods.