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Auction Acres Land Auction Frequently Asked Questions

Q: Should I visit and inspect the property before purchasing?
A: Yes, you need to do all your due diligence prior to making your purchase. It is recommended that you check with the county for information on the properties you are interested in. This includes zoning and different approved uses of the property.

Q: How do I register for the auction?
A: We have no auctions scheduled at this time, however all properties for sale are on the website for immediate purchase.

Q: Who owns the land being sold?
A: AuctionAcres, and their related companies, have purchased all of the properties that are for sale. AuctionAcres.com is not a Realtor or a Broker. We own the parcels we're selling. Because you're purchasing directly from the seller, you lower your cost by cutting out the "middleman."

Q: Are there any prepayment penalties?
A: No, You may pay off the balance of the loan at any time. There are no prepayment fees or penalties involved with paying off your loan early.

Q: What if I purchase a property and decide later that I don't want it?
A: All sales are final so make sure to do your due diligence before making any purchases. You may resell or refinance the property at any time, since there is no prepayment penalty.

Q: Where do the parcels come from that are sold at AuctionAcres?
A: We purchase these properties from distress sales, estate sales, government auctions, trusts, foreclosures, and private parties.

Q: Do I need to qualify for a loan to take advantage of the financing option?
A: No, There is absolutely NO qualifying to use our financing. Everyone qualifies, and we do not check your credit. You simply pay the down payment and the monthly payments.

Q: When will my first payment be due?
A: When you close your purchase with one of our Customer Service Representatives, you will be given a choice of days for your payment to be due on. Typically, your first payment will be due one month after your purchase.

Q: Is there any sales tax on land that I purchase?
A: Required State/County/City transfer or excise tax are the only taxes that will be included with your purchase. This is usually a minimal amount.