Login | Join | Write a Review
Add Your Business | Login to the Business Center
What? (e.g. Plumbers or Driving Schools)
Where? (e.g. Detroit, AL or 35552)

Council Grove, Kansas - Auction Houses search results Premier Listings

Popular House Auction Terms

In 2010, 2.87 million homes were repossessed and auctioned due to defaults on mortgage payments. Fortunately, this trend has made it more affordable for new homeowners to acquire property through auctions. Similiar to real estate auctions are estate sales, in which a deceased person's possessions are sold in one auction or piecemeal. Here is some of the common terminology used in the practice of auctioning real estate and estate sales.

  • Absentee Bid – If you’re dying for a rare antique you found on an online auction but can’t make the showing, consider placing an absentee bid. This bid can be submitted orally or in writing in lieu of your presence
  • Accredited Auctioneer, Real Estate – The Auction Marketing Institute designates this professional certification to auctioneers who possess the proper education credentials and a track record of good practices and ethics.
  • Appraisal – When a home is appraised, its property value is assessed by a third-party company. This information is essential to placing a bid.
  • Bank Letter of Credit – When a bidder is not paying with currency, a certified letter from the bank may be obtained to verify the person’s eligibility for credit.
  • Bid History – A historical account of all the bids made at an auction. By looking at the bid history, you can find out whether it’s worth it for you to place a bid yourself.
  • Estate Sale – An estate sale will involve an auction selling all of a deceased person’s property, including the person’s land, house, fine art, jewelry and other items of value.
  • Tax Sale – A tax sale differs from a foreclosure. A house is foreclosed as a consequence of mortgage default. A tax sale is conducted by the government when property taxes are not paid.
    National Auctioneers Association
    Overland Park, KS 66214
    The National Auctioneers Association represents the interests of the premiere auction houses and auctioneers across the country. Providing networking and business resources for your auction house.
    Sort By Limit By City Distance
    Broadway Auction
    2753 N Broadway St, Wichita, KS 67219
    (1) Review Write a review
    (316) 838-9401
    User Review: "Ive been coming to broadway auction for 6 years these are great people and they know what they are doing! wilma the..."
    Hallgren Real Estate & Auctions LLC
    17162b Switchgrass Rd, Alta Vista, KS 66834
    (785) 499-5376
    Brown Real Estate & Auction Service LLC
    2323 N Jackson St, Junction City, KS 66441
    (785) 762-2266
    Griffin Real Estate & Auction Lc
    305 Broadway St, Cottonwood Falls, KS 66845
    (620) 273-6421
    Valuation Services LLC
    417 Commercial St, Emporia, KS 66801
    (620) 343-3368
    Aaron Sewell Associate Broker
    116 W 12th Ave, Emporia, KS 66801
    (620) 366-0793
    Flint Hills Auction by Gail Hancock
    621 Garfield St, Emporia, KS 66801
    (620) 342-8444
    Hancock Auction & Real Estate
    2661 240th Rd, Emporia, KS 66801
    (620) 279-4575
    Pilsen Packrats
    309 Lombard St, Lincolnville, KS 66858
    (620) 924-5286
    Gannon Vern Cai
    3012 Montana Ct, Manhattan, KS 66502
    (785) 539-2316
    Purple Wave Auction
    825 Levee Dr, Manhattan, KS 66502
    (785) 537-5057
    Gannon Real Estate & Auction
    1521 Pillsbury Dr, Manhattan, KS 66502
    (785) 537-9003
    Purple Wave Auction Company
    701 Enoch Ln, Manhattan, KS 66502
    (785) 539-5356
    Totally Auction
    1221 Westloop Pl, Manhattan, KS 66502
    (785) 320-7828
    Wehl Auction Time
    8103 E Us Highway 24 Ste A, Manhattan, KS 66502
    (785) 587-1800

    Auction houses provide venues for people to offer various items of property for sale in a specific way. People can bid on property presented in auctions at more informal locations, or even online through websites such as eBay. Auction houses, on the other hand, can provide a greater assurance of professional standards. For one, auctioneers may appraise the value of works of art prior to people arriving to bid on these. Auction houses thus aim at facilitating the sales process. These establishments can be operated either by government or private, profit-driven entities. The former option can come into play when property owners have violated laws or regulations. The government might thus put up the cars which previously belonged to criminal offenders for sale. Without reducing the prices for which property is fully worth, furniture auctions and other transactions of this kind could provide benefits to less wealthy individuals. The more common and widespread venue of private auction houses can allow for visitors to bid for rare items of property. They could show, for instance, rare art, jewelry, or coins. Real estate, such as buildings or parcels of land, might also be presented to potential purchasers in this manner. When homes are foreclosed upon, auctioneers could place such items of property on the market. The inventory of varied items presented at auction could also assist people in adding historic or antique pieces to their collections. Auction houses generally represent likely locations for finding antiques and the like. While auctioneers can act dishonestly by rigging bids, all who do so will typically suffer legal ramifications, like fines, and a diminished professional reputation. In any case, auction houses should do all they can to preserve the compact of trust between themselves and their customers.
    Showing Listings 1 - 15 of 100
      next page  
    Related Categories
    Nearby Cities
    Add your Business
    Stop playing hide and seek. Get found and gain traffic with MagicYellow.com