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Probate Auction Guide | How Probate Auctions Work
Calculate the potential total cost rather than focusing only on the current bid.
Research Before You Bid
Research is one of the most important parts of buying through a probate auction.
Look at similar items currently being sold and compare their prices.
For property, investigate comparable local sales and review the legal information.
For vehicles, research similar models and consider mileage, condition and running costs.
For antiques and collectables, look at recent sales rather than relying only on advertised asking prices.
Research can help you establish a realistic maximum budget.
Inspect the Lot Where Possible
Photographs can be useful, but they do not always show every detail.
If the auction allows viewing, take advantage of it.
Look closely at the condition of the item.
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