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

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

15963 W Montana De Oro Drive Surprise, AZ 85387

$582,436
3 Beds
3 Baths
2,229 SqFt
Status Active
MLS # 6721719
Property Type Single Family Residence
Price Type --
New home ready for immediate occupancy! This single level 2229 SF single level 3 BR, plus den 3. BA home is located on a north south facing home site. Surrounded by single level homes, no 2 stories. Exciting included features include upgraded cabinets, upgraded Quartz tops, tile Kitchen backsplash, plank tile on the floors, 10' ceilings, 8' interior doors, 3 car garage, gourmet kitchen, garage service door, tank less water heater, landscape credit, and so much more. Neighborhood also includes, tree lined streets, Certified Energy Star and Indoor Air Plus for more energy savings.

4198 N Spyglass Drive Florence, AZ 85132

$582,000
2 Beds
2 Baths
1,989 SqFt
Status Active
MLS # 6701840
Property Type Single Family Residence
Price Type --
Come and see this beautifully upgraded home with Stunning views on the 1st fairway of the Poston Butte Golf course in Sun City Anthem. This home has SOLAR for low energy bills Enjoy two large bedrooms, two baths and a large den complete with French doors. Hunter Douglas window treatments and ceiling fans in all rooms. Enjoy a gorgeous chefs kitchen with gas range, upgraded cabinets and granite countertops. The master bath has an oversized walk-in shower with stunning custom tile, beautiful tile flooring in all main living spaces with upgraded carpet in bedrooms. A gorgeous outdoor travertine patio gives you a spectacular golf course view, complete with lovely desert inspired landscaping, garden lighting and motorized sunshades! Enjoy the beautiful view and AZ weather all year round. There is a Golf Cart garage, complete with storage area, shelving and wall slat hanging storage system with upgraded additional LED lighting. There is also a whole house RO system and water softener, and tankless gas hot water heater. This home has a freshly painted exterior as well! Located in a wonderful community with numerous amenities, there will never be a lack of activities to participate in! Golf, Pickle Ball, tennis, biking, fitness center, pools and spas, bocce ball, clubhouse and restaurant are all just steps away! Come for a visit and stay for a lifetime! See you soon!

6073 W Caribe Lane Glendale, AZ 85306

$582,000
4 Beds
2.5 Baths
1,996 SqFt
Status Active
MLS # 6713341
Property Type Single Family Residence
Price Type --
Gorgeous family home with 4 bedrooms and 2.5 bathrooms, no HOA, pool, and an RV gate. Currently used a short term rental and can be purchased fully furnished. Home has open layout and was completely remodeled in 2022.. Great location in Glendale family neighborhood.

1275 W Via Del Palo -- San Tan Valley, AZ 85140

$581,566
2 Beds
2.5 Baths
2,149 SqFt
Status Active
MLS # 6785722
Property Type Single Family Residence
Price Type --
MLS#6785722 April 2025 Completion! Welcome to the Sunrise in Ovation at Meridian! As you step into the foyer, you'll find a flexible space and a full bathroom to the left, and a secondary bedroom with its own full bathroom to the right. Continue into the casual dining area, which flows seamlessly into the gathering room and kitchen, all with views of the outdoor patio. At the back of the home, the spacious primary suite offers a private retreat, complete with an en-suite bathroom and a large walk-in closet. Structural options added include; 8' interior doors, 12' sliding glass door, soft water loop, and garage service door.

15680 W Mercer Lane Surprise, AZ 85379

$581,027
3 Beds
2.5 Baths
2,492 SqFt
Status Active
MLS # 6760233
Property Type Single Family Residence
Price Type --
Brand new home completed this November! This home is a wonderful 3-bedroom with a Den or Flex Room. The amazing kitchen / great room is open and has an oversized island. This beautiful home is under construction & backs to an open space with no direct back neighbors. There is wood plank tile throughout except for the bedrooms. Gourmet kitchen with designer hood, gas cooktop, built in oven / Microwave. & upgraded Painted Linen Cabinets, honed granite countertops, and a custom backsplash. Owner's suite has a tiled shower & Honed Granite counters & undermount sinks. Don't miss the unbelievable owner's closet. The flex room is built in so that it could easily be used as a den / playroom or home office. HOME WILL BE COMPLETE IN November. SELLER IS OFFERING RATE BUYDOWNS!

4230 W Palace Station Road New River, AZ 85087

$581,000
4 Beds
2 Baths
1,799 SqFt
Status Active
MLS # 6747349
Property Type Single Family Residence
Price Type --
Don't miss this one! Stunning single story Barbaro model home on a premium corner lot in sought after Circle Mountain Ranch! 4 bedrooms, 2 baths and just under 1800 SF. Split floor plan with a bright and open concept main living space. The kitchen boasts granite countertops, stainless steel appliances, walk-in pantry, gas range and opens to the spacious great room with tile flooring, ceiling fan, recessed lighting, multiple windows and neutral tones. Primary retreat with double door entry, ceiling fan, carpet, walk in closet, en suite bath w/ dual sinks. Low maintenance landscape, block wall, extended paver patio & cover and turf! Additionally, this home is equipped with smart home technology. Enjoy all of the wonderful amenities Anthem has to offer - walking/hiking paths, parks, shopping, dining, golf & more all with EZ freeway access.

26815 N 65th Avenue Phoenix, AZ 85083

$581,000
4 Beds
2.5 Baths
2,244 SqFt
Status Active
MLS # 6775468
Property Type Single Family Residence
Price Type --
Great 4-bedroom home located on a desirable corner lot of a private cul-de-sac with stunning mountain views! Split floor plan boasting wood flooring, formal dining, custom pain finishes, and a charming living room for entertaining. The eat-in kitchen has built-in appliances, honey oak cabinets, ample counters, and a breakfast bar for casual meals. The main bedroom is downstairs and offers a bathroom with a separate tub/shower, dual sinks, and a walk-in closet. Upstairs, you'll find the secondary bedrooms along w/French inspired stained glass at entrance of 2nd story windows. The fabulous backyard features a view fence, a covered patio, and a sparkling blue pool. Close to shopping, restaurants, and other attractions. Really nice home!

17580 W Running Deer Trail Surprise, AZ 85387

$580,995
4 Beds
3.5 Baths
2,840 SqFt
Status Active
MLS # 6699992
Property Type Single Family Residence
Price Type --
Explore this impressive Darius home, ready for an August move-in. Included features: an inviting covered entry; a spacious great room; a quiet study; an open dining area; a gourmet kitchen offering a double oven, quartz countertops, 42'' cabinets, a center island and a pantry; a lavish primary suite showcasing a generous walk-in closet and a private bath with double sinks and cultured marble countertops; a convenient laundry; a large living room; a covered patio and a 3-car garage. This home also offers additional windows, ceiling fan prewiring and stone tile flooring in select rooms as well as airy 10' ceilings throughout.

9911 S Caballo Drive Apache Junction, AZ 85120

$580,990
5 Beds
3 Baths
2,444 SqFt
Status Active
MLS # 6782867
Property Type Single Family Residence
Price Type --
This expansive 2,444 square-foot single-level home offers the perfect combination of space and comfort. With 5 bedrooms/3 full bathrooms, this residence is ideal for large gatherings for those who love to entertain. The home's open-concept design creates a seamless flow between the main living areas. The kitchen is a highlight, featuring modern appliances with a gas stove, ample cabinetry, a large center island, and a breakfast bar. Adjacent to the kitchen is a spacious dining area that comfortably accommodates family meals and gatherings. The living room is designed for relaxation and socializing, with plenty of natural light streaming through large windows. 3 car garage & HUGE yard! tankless water heater!

13138 N 173rd Lane Surprise, AZ 85388

$580,000
4 Beds
2.5 Baths
2,745 SqFt
Status Active
MLS # 6760540
Property Type Single Family Residence
Price Type --
This home combines modern luxury with everyday convenience, making it the perfect place to make your own. Located in a newly developed and highly sought-after neighborhood, this brand-new construction (2023) boasts both luxury and convenience. With 4 bedrooms, 2 bonus flex spaces, great room, chef's kitchen, and a large interior courtyard, this home offers the perfect blend of style and functionality for today's modern lifestyle. Chef's Kitchen: The heart of the home, featuring gourmet appliance package including double wall oven, gas cooktop, and drawer microwave, chic white cabinets with 42'' uppers, decorative tile backsplash, and an expansive island - ideal for culinary enthusiasts or entertaining. Large Great Room: Open and airy with plenty of natural light, perfect for family gatherings or relaxing after a long day. The 12' center-slide glass door provides direct access to the patio. Eat-In Kitchen: Spacious for hosting dinner parties, holiday feasts and gathering for family meals. Owner's Ensuite: Nestled at the back of the house and split from the other 3 bedrooms, your private retreat with a spa-like bathroom, oversized walk-in shower, double vanities, and a generous walk-in closet. 3 Additional Bedrooms: Spacious and thoughtfully designed with ample closet space. 2 Bonus Flex Spaces: Versatile areas that can be used as home offices, playrooms, or workout spaces. Large Interior Courtyard: A serene outdoor space for al fresco dining, lounging, or gardening. Across the Street from a Beautiful Park: Enjoy walking, playing, or relaxing in the lush greenery right outside your door. Minutes from Costco and Other Shopping and Dining: Convenience at your fingertips with easy access to a variety of stores, restaurants, and entertainment options. Don't miss your chance to own this gem in one of the most desirable new neighborhoods!

6658 S St Andrews Court Gilbert, AZ 85298

$580,000
2 Beds
2.5 Baths
1,764 SqFt
Status Active
MLS # 6730222
Property Type Single Family Residence
Price Type --
This 2 bedroom 2.5 bathroom home is located right in the heart of Seville. On a corner lot in a quiet cul-de-sac you will find this gem that sits on the golf course right between the hole 9 tee box and the hole 8 green. The home has a large, beautiful kitchen with granite countertops and plenty of storage space. Gorgeous stone and wood accents are all throughout the home giving it that Arizona charm. There is a large master bedroom with a full bathroom and it is complete with a large walk-in closet. A full bar room/office is perfect to come relax on a hot day. As you step into your lovely backyard you are greeted with the sound of a calming rock fountain and the stunning golf course views. This home is impeccably well maintained and shows a real pride of ownership.

3705 Ridgeview Terrace Wickenburg, AZ 85390

$580,000
2 Beds
2 Baths
1,554 SqFt
Status Active
MLS # 6754596
Property Type Single Family Residence
Price Type --
This perfect 2-bedroom, 2-bath home is ideal for two, offering 1,554 sq. ft. of thoughtfully designed living space. The open great room features stunning eastern mountain views and beautiful landscaping. Inside, you'll find upgraded cabinets with soft-close drawers, granite countertops throughout, under-mount sinks, and custom tile flooring with upgraded carpet in the bedrooms. Custom shutters adorn the bedrooms, while the living room boasts a custom entertainment center and shelving. Additional features include central vac, water filtration, a fully fenced yard with ample entertaining space and a custom water feature, all framed by open mountain views to the north and east. Paired with your resort lifestyle living, you've found your desert oasis!

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