Buying an acreage: Auctions

Listen to this extended radio story about auctions. (MP3 download)

Auctions are great for picking up antiques, collectibles and machinery, but you can also find great deals on acreages at auction. Real estate auctions are especially popular when property values are down, because buyers can sell property more quickly, and buyers can get a great deal. The trick is doing your homework first, and securing financing before the auction. Learn more about the process of buying property at auction in today's radio program.

Radio interview source: Tommy Williams, president, National Auctioneer's Association

Learn more about buying an acreage:

Auction tip sheet: Buy real estate the government has seized or doesn't need, including acreages, farms, and ranches. This is the official U.S. government site.

Real estate auction tips: Learn about online real estate auctions, protecting yourself from fraud, government real estate auctions, and finding auctions in your area.

Tips on buying an acreage: Before signing on the dotted line, make sure the land you purchase is going to support the lifestyle you have envisioned. Here are some questions to ask yourself.