I am curios what funds (all or percentage) one needs to provide at the court house steps and what can be paid later and how much time one has to pay.
Ex. Buy for $250,000K how much in a cashiers check that day, how much later and by when and to whom? Or do you need 100% that day…
You will need 100% at the time of sale. To qualify to bid you must show cashiers checks for at least the total you will want to bid. Common practice is to show more than you plan to bid so friends of the auctioneer can’t look over his shoulder and find out that you can only go to a particular number.