What is Pre Sheriff Sales?
Pre Sheriff Sales is a Real Estate Auction Portal, where sellers and buyers of Real Estate meet to transact business. For many types of properties, selling via auction is a powerful, highly efficient alternative to traditional real estate brokerage. Where marketing approaches of traditional brokerage firms can last many months or even years, the auction process takes every aspect of effective real estate marketing and dramatically compresses the sales cycle, minimizes carrying costs, and creates a single moment of competitive bidding that determines the property's true market value.
How do Real Estate Auctions Work?/How to buy at an auction?
Auctions are sales through a competitive bid process. Buyers bid on desired Real Estate with the ultimate winning bid being the highest bid from a qualified buyer. Our auction works as follows :
To qualify you must show proof of a minimum of $1,000 cash or certified funds in your possession for each property you wish to bid on. If you are the Winning Bidder, upon knockdown you will post $1,000 on the day of the sale to be placed in escrow. The successful bidder will have 5 days from the sale to post the greater of $5,000 or 10% of the sale price. Upon making this payment you will have the balance of 30(Thirty) days to make settlement.
How can we sell Your Property?
The auction process is a quick and effective alternative to traditional Real Estate Market mechanisms. Buyers will come to our real estate auctions and bid competitively on your property. Upon achieving a winning bid buyers must sign a contingent free agreement to settle within 30(Thirty) days. A comprehensive marketing presentation will be delivered by Fairmount Park Executives highlighting the features and operating performance of your property. The auction marketing method will expose your property to hundreds of potential buyers in a single day dramatically reducing the time it would normally take to market and sell your Real Estate.
Subject To
This means you are buying the property and accepting the responsibility for all the liens and encumbrances on such property. If a property is being sold SUBJECT TO buyers should factor these costs into their target price. Many times this is a tremendous advantage in that the final knockdown price is significantly below the property’s value. This allows the buyers to have much lower initial out of pocket expenses. Upon settlement many times, buyers are able to negotiate reductions in such liens ultimately saving the buyer money. Most municipal liens can be worked out by a payment plan giving the buyer financing without the hassle of traditional loan applications.
FEE SIMPLE
This means the property is guaranteed to be conveyed free and clear of any debts liens or encumbrances.
Auction Center Terms
Entry
All Persons entering the auction center must present valid state identification with picture at the front checkpoint.
Registration
You may register to bid at any time prior to the auction by posting $1,000 cash or certified funds for each property you wish to bid on.
You Must Be At least 18 years old to register

Auction Day Schedule
9:00AM Entrance for pre-registered bidders(First-Preview)
10:00AM Entrance for registrants only
11:00AM General public admission
12:00 NoonAuction Begins

All Monies will be refunded if any property is not purchased at the auction.