Winter Cruises - Chicago Real Estate Auction by Hoffman Estates

The properties include both new construction and resale homes and willing be sold through auctions". "Hoffman Estates is conducting a Chicago Real Estate Auction of up to 150 properties.

This is very unlike the usual auctions where the houses are usually foreclosed or distress sale houses in undesirable locations. Nearly 150 properties which are quality built homes in preferred settings, according to Holland Home Auctions. That headline is a sure indication that auction as a tool to sell properties is here to stay.

Auction attendees and potential bidders can also inspect the auction properties by scheduling a private appointment with Hoffman Estates. Town homes and condominiums within the city as well as the suburbs, properties include single family residences. Attractive new homes that includes a full warranty, all the properties are well crafted, according to Hoffman Estates. It is an ideal way to get away from all the fine print and the clutter of discounts offered by various builders. With bids starting at as low as 50% of the actual real estate price.

" Curb appeal and location of these properties, amenities, craftsmanship, construction integrity, i think you're going to be surprised by the quality, "Upon closer inspection. Who added that a variety of financing programs provided by the auction company's preferred lender are available to those who qualify, " said Holland, "We encourage all prospective bidders to bring along a professional home inspector and thoroughly check out any of the homes included in our real estate auction.

" Or deal with aggressive realtors when you can join us on November 10 and bid on a fantastic below-market priced property at Holland Home Auctions' first real estate auction, why waste time driving around to communities in search of the right home. "These homes have been specially selected by Holland Home Auctions. " Holland said, "This real estate auction adds up to an outstanding value and an unbeatable opportunity for house hunters looking to capitalize on a strong buyer's market.

Some of the conditions for the Chicago Real Estate Auctions for prospective bidders are as follows

Registration is free. Pre-register for the event by either phone or online. 1.

Which will be used as a EMD in event of winning the auction, a certified cashiers cheque for 5000 dollars made payable to themselves. 2.

The remainder EMD(10%) must be delivered prior to close of escrow 3.

Buyer's premium of 5% of high bid will be added to all final accepted bids 4.

Plus your five percent buyer's premium will be reduced to four percent (4%) of the high bid price if you use the preferred lender, you will have the option to put less than ten percent down and still bid on a home, upon qualification. There is also an option of getting pre-approved through preferred lenders. 5.

Where-is " basis, all residences are sold as "as-is. 6.

Visit our website or call (877) 499-5478, including terms and conditions, for more details on the auction. (near the Barrington Road I-90 interchange) in Hoffman Estates. Higgins Rd. Located at 2401 W, 10 Chicago Real estate Auction will be conducted at The Stonegate Conference and Banquet facility. The Nov.