Real Estate Investing: 3 Insider Tips to Winning House, Land or Foreclosure Auctions

House, land and foreclosure auctions can be one of the most nerve-wracking ways to buy a property. However, if you prepare yourself with proven bidding tactics, auctions can be a great way to purchase your dream home at a competitive price.

If you’re in-it-to-win-it, familiarize yourself with these top three tips and tricks before attending a real estate auction.

Give The Right Impression

While you may not have control over what other bidders are willing to pay for a property, you do have some control over their perception of whether or not bidding against you is worthwhile. Come well-dressed and maintain a confident demeanour to give the appearance that you are a serious buyer, one whom ‘the other guy’ likely can’t out-bid.

To enhance this appearance, do not make an offer right away. Wait until the bids have reached approximate 80% of your maximum price and then join in, as it will knock out the bargain hunters. A big first bid can be intimidating to others, making them question whether they stand a chance against you. Following bids should be made quickly and confidently to send the message that you are the person who will be closing this deal.

If you are extremely anxious to place bids, consider hiring a professional bidder to do the work for you. A seasoned pro will be able to maintain their cool while placing bids strategically to maximize your chances of getting the property you want at the price you want.

Know Your Limit

Never go into an auction without knowing your absolute limit. If you are emotionally invested in the property it is best to write your limit somewhere on the inside of your hand, so that you are forced to remember it when you’re tempted to exceed it.

In terms of setting a limit, pick a figure that isn’t rounded. Many buyers will set limits such as $500k or $1.2 million, and will drop out after these round figures have been reached. If your limit is $515k or $1.25 million, you will have an extra cushion than may just barely outbid your rivals – and that’s all you need to win.

Ask The Hard Questions

Do your research beforehand and ask the auctioneer about the property’s flaws. Questioning whether the deck is up to code or whether there is still a possibility of road widening could make other bidders second guess the property and drop out before bidding has even begun.

Ready to blow the competition out of the water? Make sure you are completely prepared for an auction, contact me today – J.P. Cook – 602-320-4253.

Click Here to See What Your Home is Worth

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Sort by: Select Price, Low to High Price, High to Low Newer Listings First Older Listings First Open House Date

6802 E Beverly Lane Scottsdale, AZ 85254

$650,000

3 Beds

2 Baths

1,428 SqFt

Status Active Under Contract

MLS # 6742060

Property Type Single Family Residence

Price Type --

Imagine living just minutes from Scottsdale Quarter, where you can enjoy some of the valley's best restaurants, world-renowned golf courses, and premier shopping. Welcome to your dream home—a perfect blend of classic charm and modern comforts, all with the freedom of no HOA restrictions. Nestled on a desirable corner lot, the property welcomes you with easy-care turf, a mature shade tree, a two-car garage, and a charming front porch. Step inside to a bright, open floor plan where natural light pours in through vaulted ceilings. A serene color palette, recessed lighting, modern fixtures, and wood-plank tile flooring create an elegant ambiance, while a stylish wooden panel wall fireplace adds warmth and sophistication. The gourmet kitchen offers ample functionality and style, featuring quartz and butcher block countertops, a chic tile backsplash, BRAND NEW white cabinetry, and a central island with a breakfast bar. The primary suite is a sanctuary, complete with a walk-in closet, a spa-inspired ensuite with dual sinks, a BRAND NEW vanity with abundant storage, a walk-in glass shower, and direct backyard access. Outdoor features include a heated pool for year-round enjoyment, and recent updates provide peace of mind with a water heater and windows replaced in 2020, and a roof, HVAC, and pool equipment all less than 10 years old. Enjoy low-maintenance living in a home that truly shines. Schedule your showing today this Scottsdale gem won't last!

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1514 E Estrid Avenue Phoenix, AZ 85022

$650,000

3 Beds

2 Baths

2,245 SqFt

Status Active Under Contract

MLS # 6747440

Property Type Single Family Residence

Price Type --

2024 Remodel Loaded with Upgrades and New A/C Unit, Picturesque Corner lot with Stunning Mountain Views, Mature landscaping, Living/Dining room features Vaulted ceilings, Clerestory windows, Plantation Shutters, & Elegant Wood-look flooring. The Cozy Family room has an inviting Fireplace for relaxing evenings. The Kitchen comes with a breakfast nook, Quartz counters, Abundant White cabinetry, a Subway tile Backsplash, SS appliances, a pantry, & an Island/Breakfast bar. The versatile den is ideal for an office, study, or a 3rd bedroom. The sizeable main bedroom offers plush carpeting, an ensuite with dual vanities, soaking tub, & walk-in closet. The serene backyard oasis includes a covered patio, stylish pavers & a lawn. Make it yours!

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3702 E Laurel Lane Phoenix, AZ 85028

$650,000

3 Beds

2 Baths

1,680 SqFt

Status Active

MLS # 6738884

Property Type Single Family Residence

Price Type --

Fabulous home in a fabulous location! This stylish mid-century modern home offers lots to enjoy inside, outside, and in the area. The backyard is perfect for the summer days and nights with a sparkling pool, new no-maintenance grass, BBQ, and picnic area. Inside you will enjoy tile flooring and new carpet, a new kitchen with quartz counter tops, new cabinetry, back splash and extra cabinet space by dining. Bathrooms have been remodeled with the mid-century style. Great storage and space in the laundry room. Minutes away from hiking, golf, shopping and dining and the new PV mall re-development. Kierland/Scottsdale Quarter and the Biltmore are just short drives away. Easy access to the 51 and 101 freeways to bring you all over the Valley easily.

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5734 S Veneto -- Mesa, AZ 85212

$650,000

5 Beds

3 Baths

2,952 SqFt

Status Active Under Contract

MLS # 6717738

Property Type Single Family Residence

Price Type --

PRICED $50k BELOW the competition and the cost to build this home brand new. Why wait 6+ months for build time when you can move in NOW??? This NEW home boasts endless upgrades and high end finishes throughout. The heart of the home, the kitchen, is designed for both beauty and functionality. With high-end appliances, ample counter space, and elegant cabinetry, it's a chef's dream come true. This home has also just undergone a thorough inspection by a trusted third party for the one-year builder walkthrough. A transferable builder warranty, ensuring continued satisfaction for years to come is also included. Outside, the possibilities are endless in the backyard, awaiting your personal touch to transform it into your dream oasis. Don't miss out on the BRAND NEW GEM!! Whether you envision a serene retreat with lush landscaping or an entertainer's paradise complete with a pool and outdoor kitchen, this space is primed for your imagination. Experience luxury living at its finest in this meticulously crafted home, where every detail has been thoughtfully considered for both style and practicality.

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19743 W Exeter Boulevard Litchfield Park, AZ 85340

$650,000

4 Beds

2.5 Baths

2,982 SqFt

Status Active

MLS # 6722040

Property Type Single Family Residence

Price Type --

Looking for a new home? This fantastic 4 bed, 2.5 bath residence now on the market is for you! Charming curb appeal, a low-care landscape, and a 3 car tandem garage are just the beginning. Discover a spacious dining & living areas w/elegant wood-look flooring, recessed lighting, and neutral palette throughout. The fabulous kitchen is equipped w/everything you'll need for home cooking, ample cabinetry, a pantry, quartz counters, SS appliances, and an island complete w/a breakfast bar. Upstairs you'll find a sizeable loft perfect for an entertainment area. End your busy day in the primary bedroom, boasting soft carpet, a walk-in closet, and an ensuite w/dual sinks. Finally, the expansive backyard w/its covered patio is a blank ready to become your own private oasis! Don't miss out!

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14421 N Prickly Pear Court Fountain Hills, AZ 85268

$650,000

3 Beds

2 Baths

1,838 SqFt

Status Active

MLS # 6738052

Property Type Single Family Residence

Price Type --

WOW a big price reduction, lowest 3 bedroom SFPrice Welcome to this beautiful home located in the highly sought-after golf community of Sunridge Canyon!, This is a true 3 bedroom home (all have closets). Tucked away against a backdrop of open space, this property offers a peaceful escape. and views of the Town of Fountain Hills and very close to the Golf Course . HVAC new 2018/Nothing to do but move in and enjoy life in beautiful Fountain Hills. This single level home offers a formal dining room / kitchen with breakfast bar and breakfast room overlooking the yard / 3 Full bedrooms one is set up from a perfect office/den Nice location allows for e-z access to all community amenities including Golden Eagle Park/Pickle Ball courts and more/ just a short drive to shops and restaurant

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2616 S Extension Road Mesa, AZ 85210

$650,000

4 Beds

2 Baths

2,094 SqFt

Status Active

MLS # 6752935

Property Type Single Family Residence

Price Type --

Welcome to your beautifully updated oasis, with NO HOA! This stunning home boasts a plethora of recent upgrades, including a brand-new HVAC system installed in May 2022, a new water heater in March 2022, and a complete plumbing overhaul with top-of-the-line Kohler and Moen fixtures. Step into luxury with a remodeled master shower featuring Tanner materials and indulge in the modern convenience of new interior doors throughout. Enjoy the ambiance of new light fixtures, adding elegance to the coffee nook, kitchen island, and bathrooms. The backyard is a paradise with newly installed turf, drip irrigation, and vibrant plants offering privacy and tranquility. Retreat to the pool area, where a NEW heated saltwater pool awaits, complete with a corner table, waterfall, Baja step, and multicolor lights. With interior accent walls, matte black cabinet handles, and a suite of brand-new LG appliances, this home is as stylish as it is functional. Don't miss the chance to make this your dream home - Easy access to Mesa CC, shopping & 60 fwy! 15 minutes from PHX airport and a quick drive from Tempe/ASU!

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16600 N Thompson Peak Parkway Unit 1053 Scottsdale, AZ 85260

$650,000

3 Beds

2 Baths

1,674 SqFt

Status Active

MLS # 6774524

Property Type Townhouse

Price Type --

Ground floor unit all one level, city light views, 3 bed, 2 bths, remodeled throughout, quartz countertops, large format tile flooring, shutters in greatroom, gas fireplace, and 2 patios. Steps from community pool, spa and fitness workout room. Walking distance to Basha's Supermarket, restaurants, salons, and animal clinic. Close to hiking trails and golf. Access to McDowell Mtn community pools, including lap pool, spas, tennis and pickleball courts, playground and events. Aquatic center near by with skate park, lap pool and fitness center.

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4252 E Desert Sky Court Cave Creek, AZ 85331

$650,000

3 Beds

2 Baths

1,782 SqFt

Status Active

MLS # 6733020

Property Type Single Family Residence

Price Type --

Your new home in the gated community of Ocotillo at Dove Valley Ranch is sure to check all the boxes! Meticulously maintained, this single-level gem has a private pool, three bedrooms, a versatile den option, a split-great room floor plan, and beautiful desert wash & sunset views from the back. Interior features include neutral tile flooring & carpet in the bedrooms, granite kitchen countertops, stainless appliances, a pantry, and vaulted ceilings. The backyard is perfect for entertaining with a sparkling pool, a covered patio, and views of the natural area open space. The home's exterior was painted April 2024; plus, there are no two-story homes around for ultimate privacy! Beyond your new home, enjoy all Dove Valley Ranch has to offer: one of North Phoenix's finest public golf courses, a clubhouse bar/lounge, and easy access to first-rate schools, parks, hiking, shopping, & more.

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1251 S Honeysuckle Lane Gilbert, AZ 85296

Open House

New

$650,000

4 Beds

2 Baths

1,872 SqFt

Status Active

MLS # 6789063

Property Type Single Family Residence

Price Type --

Great location in Gilbert with single level 4BR/2BA almost 1900SF home, oversized lot, RV gate, pool and solar! Upgraded cabinets in kitchen and baths, granite counters and stainless steel appliances. Newer two tone paint throughout. Vaulted ceilings make this home feel large and spacious. Private backyard with grass, outdoor kitchen and pool is perfect for relaxing and entertaining year round!

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4514 N Kirkwood Avenue Prescott Valley, AZ 86314

Open House

$650,000

4 Beds

2.5 Baths

2,560 SqFt

Status Active

MLS # 6767302

Property Type Single Family Residence

Price Type --

Welcome to this stunning Prescott Valley home featuring a desirable floor plan with a spacious Great Room, versatile Den/Dining Room, and 4 bedrooms, including a luxurious Master Suite. BRAND NEW ROOF in 2023 with a transferable warranty. The Master Suite offers private access to the rear patio, a relaxing garden tub, dual vanities, and an expansive walk-in shower. With 2.5 baths, three additional spacious guest rooms, and a fantastic location, this home has everything you need for comfort and convenience. Ideal for entertaining and everyday living, this is the perfect blend of style and functionality. Don't miss out!

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17006 N 44th Place Phoenix, AZ 85032

Open House

$650,000

3 Beds

2 Baths

2,006 SqFt

Status Active

MLS # 6782203

Property Type Single Family Residence

Price Type --

Beautiful remodel completed in 2021 blends modern comfort and timeless design. This home features 3 bedrooms plus an office with room to convert to a 4th bedroom. Both bathrooms are fully renovated with custom cabinets, quartz countertops and light bright finishes. Hardwood floors throughout the rest of the home - no carpet! Oversized kitchen with ample storage, extended island to seat 6 plus. Brand new windows installed in 2021 and new A/C in 2020. Premier location for local public schools, shopping, dining, all you need. Minutes from the SR51.

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