The Professionals at Furlo Auction Service are prepared to supply you with
information, over the telephone (989-835-1581), Toll Free 1-800-673-8756)
or e-mail concerning specific properties as well as the auction process.
Do Your Homework
Find out as much as you can about the Item/property. Looking in the information
section of all Furlo Auction Service advertising will help you retrieve
pertinent property information.
Inspect the Property
Take full advantage of any inspections conducted by Furlo Auction Service
This will allow you, or your representative, to see first hand what you
are bidding on and help determine value and desirability. And, allow you
to bid with confidence.
Increase your comfort level by knowing your mortgage qualifications. Even
before you decide on a item/property to buy, you should pre-qualify through
your banker. There is never a mortgage contingency on any item or real estate
in an auction. It is best to know you can pay for the property before you bid.
Now you'll be able to bid with confidence!
Attend a Local Auction
Check our web pages or go to the local newspapers or Auction Exchange,
(Call the Auction Exchange for a
FREE sample 1-888-339-3795)
for auctions in your area. Attend and observe one or more auctions and
familiarize yourself with the process before you attend an auction as a
bidder. The auction process happens quickly, so knowing what to expect is
important, when your time come to buy. If you can't find an auction, call
us at 989-835-1581.
Plan Your Bid Strategy
Determine your bid limit after examination of the property and all
available information. Don't be afraid to bid early. Most other bidders
will be willing to pay just as much as you. The one who bids that number
first, will win that day.
Register to Bid
On auction day, it is to your advantage to arrive at the auction site 1-2
hours before the auction. By doing so, you will have more time to consult
with on-site staff who are prepared to assist you with your last minute
questions regarding the property and the auction process. Upon completion
of registration you will receive a Bid Packet containing your bid number,
Terms of Sale, Purchase and Sale Agreement.
Bring Required Deposit
If you are the successful high bidder at an real estate auction, you will be required
to affirm your bid with a signature and deposit. All deposits must be in
earnest money form, i.e. cash, certified or bank check or pre-approved
personal check. Deposit requirements and amounts are clearly listed in the
"TERMS" section of all Furlo Auction Service advertising.
Prepare for "Q & A"
Prior to the start of bidding, our auctioneers conduct a question and
answer period. This is an opportunity for registered bidders to ask any
last minute questions before the auction begins.
.....until you have won or reached your limit. There can be only one
winning bidder for the property. You cannot BUY at your price unless you
BID your price. GOOD LUCK!