Almost always an auction seller wants a quick close and can also provide quick possession. Maybe as a buyer, you have been transferred and living in a hotel. The day you move your family into your new home can’t come quick enough.

Everyone recognizes that a motivated seller can mean buying opportunities. If you are in a financial position to offer a quick close, you will often reap financial rewards not recognized in traditional real estate transactions.

Anyone that knows real estate also knows that deals are lost everyday due to drawn out negotiations, and not just about sales price. Arguments over inspections, appraisals, possession, and fees can often end a transaction; but not without wasting a great deal of your valuable time.

You have reason to be concerned if the property is in your neighborhood. The future of the real estate being auctioned could affect the value of your own home. If you’re concerned that the home next door is going to become a rental, then the landlord should be you and not some stranger.