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Real Estate Auctions: Real Estate Auctions Offered High Bidder's Choice

By Myers Jackson


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Is it your choice?. Many auction attendees find that in today's real estate auction scenarios the high bidder is in control. High bidder's choice in simple definition is " a qualified registered bidder in a real estate auction event who may choose one or all of the any particular items up for bid, one or any combination of numbered lots offered in a bidding sequence".

A high bidder in a real estate auction is the most productive way to sell land. Divided parcels are offered, and split according to municipal ordinances, divisions meet minimum requirements for road frontage, acreage requirements and zoning restrictions, all information is presented in advance and the property is sold as is with any and all faults. The contract under non-contingent terms is executed by all parties.

 



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