STEPS
Buying an auction home with TriStar Advanced Real Estate Advisors
Because Property Auctions Are Not Considered
A Traditional Method Of Selling Or Buying in the US.
Purchasing a home with the Non-Distressed Hybrid Luxury Auction Process
is similar to what you would expect from a traditional sale.
Here Are The 5 easy steps to buying your AREA home.
The first step in acquiring a new home with TriStar Advanced REA is to get pre-approved with a reputable lender.
You will need to be able to show that you have an loan approval up to the dollar amount that you will want to purchase the home for.
The second step will be review the available homes and attend a home preview day and take some time to get to know the property.
There will be available a package on the home with all the disclosures, condition of the home for you to review in depth.
Once you have made the decision that the home is the right home for you and your family.
The third step will be to register with TriStar Advanced REA.
This is a simple process that you will find the details under the attachment tab of each available property.
Next step will be to prepare your documents and submit them for the registration.
Once you have registered you will now have several options
Option 1: Make an offer to purchase the home
Option 2: Wait for auction day and bid on the property live at the home.
The choice is yours.
The fourth step will be to complete the escrow period and sign all your documents which will include.
loan documents
escrow documents
final disclosure documents
bring in any remainder of funds required to close
include going through the standard escrow process and closing on the home
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