Bank-Owned Properties, with Mike Jansta

Mike Jansta, SVP of marketing at Auction.com, is on the show with Abhi to break down the process regarding bank-owned properties and the pre-auction process and bidding. There are steps to take prior to any of the bidding, and Mike wants to be certain you are performing your due diligence on the property. This includes at least driving by the property to see what you are going to be bidding on. Getting your finances in order and having your funds in place prior to bidding is an extremely important step that you don’t want to miss prior to bidding. Learn all about what you need to know when you actually begin to bid. In the third segment of the show, Mike transitions into post-auction bidding and what the process is like with the bank. There are always different requirements for each property, but Mike simplifies it for listeners so they fully understand what they are in investing in before they bid on the property. To learn more about Mike Jansta and Auction.com, email Mike at michaelj@auction.com.