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AUCTION DETAILS & LOCATION:
STATUS: ACTIVE - Scheduled for auction
OPENING BID: TBD /$0 - No minimum bid amount set
DATE: August 5, 2025
TIME: 10am or 9am for unregistered bidders to register
ASSET TYPE: Foreclosure / Judical County Courtsteps
BUYING TYPE: In Person or AuctionAmericas BIDAssistant Representative
LOCATION: Fulton County Courthouse, 136 Pryor Street SW, Atlanta, GA 30303
BID REQUIREMENTS: In Person or order a AuctionAmerica BIDAssisant to go in your place / on your behave to attend this auction.
OCCUPANCY STATUS:
Occupied: Do not disturb occupants. Trespassing is a criminal offense. Learn more about occupied properties.
OWNERSHIP RECORDS:
Title and Liens: Most liens are removed after a foreclosure property sale, but certain liens may remain.
ORDER TITLEWORK for a full titlereport toview the liens forthisproperty and the type of liens that will remain after your bid?
ADDITIONAL BIDDING DETAILS:
DUE DILIGENCE:
Educate yourself before you bid.
Learn how to perform due diligence.Review Property Information
Check out third party reports on property condition, market value and neighborhood info.
Property Information Report
Additional Property Information
EXAMINE TITLE AND LIENS:
Reference the title document for information only. Check the property title and any possible liens on the property. Get a professional opinion for a full evaluation.
VIEW SALES DOCUMENTS:
Review sample documents for details of Seller's terms and conditions and your rights as the buyer.
Sample Certificate of Sale/Receipt
Sample Deed Under Power
PREPARE FOR AUCTION:
Use this checklist to guide you on what to bring to the auction, like payment information, important documents and other items.
Note: Conventional financing cannot be used for this property.
PAYMENT INFORMATION:
The sale will be conducted during the legal hours of sale from 10:00am to 4:00pm. 100% of funds due at time of sale in Cashier's checks made payable to the bidder.
Government-issued ID (e.g., driver's license or passport)
Save time at the auction: Download the app to get a QR code.
ADDITIONAL DOCUMENTS:
Foreclosure Sale Terms and Conditions
IRS Form 8300
TOP FAQs:
1.) How does a foreclosure auction work?
The foreclosure process starts when a homeowner stops paying their mortgage. The lender sends the homeowner a notice, giving them a period of time to pay, or the property goes to auction. The homeowner can take steps to either postpone or cancel the auction. At the auction, the bank won't bid more than the credit bid.
The purchaser at the auction is essentially paying off the mortgage and is responsible for any additional liens attached to the property. If no one bids above the credit bid, the property goes back to the bank. And, it becomes a real-estate owned (REO) property for sale.
2.) Can I get inside or visit the property before the auction?
The foreclosure process starts when a homeowner stops paying their mortgage. The lender sends the homeowner a notice, giving them a period of time to pay, or the property goes to auction. The homeowner can take steps to either postpone or cancel the auction. At the auction, the bank won't bid more than the credit bid.
The purchaser at the auction is essentially paying off the mortgage and is responsible for any additional liens attached to the property. If no one bids above the credit bid, the property goes back to the bank. And, it becomes a real-estate owned (REO) property for sale.
3.) If I don't know how much the property will sell for, how do I know how much to bring?
All counties have different payment requirements. Some require the full amount of the winning bid at the sale. Others only need a deposit and the balance is due at a later date.
Generally, payment is required in the form of cashier's check at the auction. Be sure you know your maximum budget when preparing for the auction. Some investors bring multiple checks in different denominations. This allows them to get the payment as close to the bid as possible. If you bring more than the winning bid, you will be sent a check from the trustee for the difference.
Keep in mind you will only be able to bid up to the amount you brought. You will not be allowed to go to the bank for more funds.
4.) Can I use financing to buy this property?
Most mortgage lenders want a property inspection or appraisal. So, they won't provide loans on occupied properties.
These properties are sold as-is and without interior access. You must pay the full amount with a cashier's check. Make sure you check the property page for specific details on fund requirements.
Some investors use other sources to get cashier's checks. These can include hard-money loans or lines of credit. But, to use one of these types of loans, the loan can't require property inspections or appraisals.
AUG-5-2025 COURTSTEPS-GA-FULTON: 2870 Pharr CT S #2408 Atlanta, GA 30305
How does a foreclosure auction work?
The foreclosure process starts when a homeowner stops paying their mortgage. The lender sends the homeowner a notice, giving them a period of time to pay, or the property goes to auction. The homeowner can take steps to either postpone or cancel the auction. At the auction, the bank won't bid more than the credit bid.
The purchaser at the auction is essentially paying off the mortgage and is responsible for any additional liens attached to the property. If no one bids above the credit bid, the property goes back to the bank. And, it becomes a real-estate owned (REO) property for sale.