Lee County became the 14th county in Florida to begin foreclosure auctions online. It was put in place to cut the county’s cost associated in traditional court house auctions. They have
eliminated the need for extra manpower freeing up much needed county funds.
With so many foreclosures in the Cape Coral and Fort Myers area this method just makes sense. By holding the online auctions they are able to reach more potential buyers and investors hopefully resulting in a greater sales price and maximum exposure for each property. The website is user-friendly and lists all pertinent information regarding
each property. Times, and dates of upcoming auctions are featured on an interactive calendar. When you have selected a property all information including case details, are easily accessible.
A proxy bidding system is set in place. Proxy bidding is much like EBay in the fact that you set the maximum amount you are willing to pay and the computer automatically increase you bid at $100.00 increments each time your current bid has been surpassed.
This online auction was created by the Realauctions.com a Fort-Lauderdale based company.Realauctions.com is privately owed company that specializes in the advertising and sale of delinquent tax certificates for County and municipal governments.
To sign up for this service visit:
It is easy and free to sign up. They have made available a tutorial that will help you understand the process and easily navigate through their site.
If you would like more information please follow the link above.
If we can help you any way please doesn’t hesitate to call. While visiting our site please feel free to use our MLS search engine.
Yours in Success,
The Florida Future Realty Team