BID and ASSUME Financing Overview

At usgovernmentauctions.org, we offer convenient financing options for our land auctions. Here’s how our process works:

How It Works:

  1. Bidding as Down Payment: Your bid acts as your down payment on the property you wish to purchase.
  2. Monthly Payments: Following the auction, you make monthly payments on the remaining balance at a competitive interest rate of 5% APR, fully amortized.

Financing Eligibility:

  • No Credit Checks or Pre-Qualifications: All buyers automatically qualify for financing without any credit checks or pre-qualification requirements.

Costs for Winning Bidders:

  • Down Payment: This is the amount subtracted from the overall purchase price based on your winning bid.
  • Processing Fee: A flat fee of $175is applicable.
  • Buyer’s Premium: A 5% buyer’s premiumis charged only on the down payment amount.

Payment Options:

After winning a financed auction, you will receive detailed instructions regarding payment methods. You can choose from several options for your monthly payments:

  • Online Payments: Use a Visa or MasterCard through our secure payment portal.
  • AutoPal Option: The easiest way to manage your payments (details below).
  • Mailing Payments: Send personal checks, cashier’s checks, or money orders.
  • Wire Transfers: Direct bank transfers to cover your payment obligations.

Auto-Payment Option with AutoPal:

  • Convenience: With AutoPal, you don’t have to remember payment due dates or deal with potential late payment charges.
  • Managing Your Account: Log in to your AutoPal account to add or update your billing information. You can pay using a credit card (Visa, MasterCard) or directly from a checking or savings account.

Key Benefits:

  • No Pre-Qualifying: Jump straight into the bidding process without the hassle of credit checks.
  • No Pre-Payment Penalties: Pay off your balance sooner without any fees.

Get Started:

Register Today and Start Bidding! Take advantage of our easy financing options and secure your land purchase with usgovernmentauctions.org.

For any questions or further assistance, feel free to reach out to our support team. Happy bidding!