Silicon Valley Home Auction Next Weekend

By Alicia Lanier, REALTOR

Have you been wanting to see for yourself whether there are “deals” to be had at a home auction of distressed properties? Here’s your chance on Saturday-Sunday (Feb. 23-24) in San Mateo when www.ushomeauction.com brings its gavel and auction block to the San Mateo Event Center (Cypress and Oak Halls) at 2495 South Delaware Street. Registration begins at 8 a.m. and the bidding begins at 9:30 a.m. Admission is free. However, if you plan to purchase a property at the auction, you’ll need to have …

• A $5,000 cashier’s check (or cash equivalent) made payable to yourself.
• The available funds to write a personal check for the balance of the required 5% auction day deposit.
• Valid I.D. for all parties to the transaction.

I recommend that if you’re seriously planning to purchase that you take your real estate agent with you … it never hurts to have the reality check of a professional advocate who knows the market and transaction process.

Alicia Lanier is a REALTOR and member of the Coldwell Banker Diamond Society – Top 8% of Agents Internationally  www.AliciaLanier.com  408-491-1634