Hudson and Marshall Foreclosure Home AuctionsHudson and Marshall is a leading foreclosure and real estate auction firm. In fact, their specialization is foreclosure auctions and listings. Hudson and Marshall have been in this business for over 40 years and bring all their experience and expertise to each and every foreclosure listing and auction. Hudson and Marshall was founded in 1967 and remains a family owned and run firm to this day. To date, Hudson and Marshall has transacted over $20 billion in sales for real estate, with over $1.2 billion in REO auctions and foreclosure properties in the past five years.
Before attending an actual foreclosure auction, you should get a listing of available properties from Hudson and Marshall so that you can be prepared and informed before the day of the foreclosure auction. What you should then do is make a list of the properties you might be interested in and make an effort to go to the open houses to inspect the condition of the home. Some will be by appointment only, so make sure you contact the agencies in charge of maintaining and keeping each property you are interested in. Each of the auction properties are free of tax liens and back taxes.
Be aware that many Hudson and Marshall foreclosure properties have a bid now option for those highly motivated buyers interested in a property before it even goes on auction. Since these foreclosure property owners are highly motivated to sell their property, they will often entertain and even accept fair offers even before the day of the auction. If you do decide to attend a Hudson and Marshall auction, you can pre-register or register at the auction site on the day of the auction. You will need valid identification such as a driver’s license as well as enough proof of certified funds to place a good faith deposit for any and all properties that you win in the auction. It is also often a good idea to be pre approved for a foreclosure loan before attending the auction to facilitate the bidding and purchasing process.
Some Hudson and Marshall real estate foreclosure auctions have a reserve price while others operate on an absolute price model. In a reserve price auction, if the highest bidding price is lower than the reserve price, the seller may decide whether to sell the property at that price. In a Hudson and Marshall absolute price foreclosure auction, the highest bid will win the right to purchase the property.
Hudson and Marshall is dedicated to their core values of integrity, no excuses, customer service, respect, and value adds.
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