image
image
image

Foreclosure Auction Loans

Buying a house at a Foreclosure Auction can be a great way to get a real steal. But many real estate investors avoid this technique for one reason -- they don't have the funds available to make the purchase at the courthouse. Depending on the county and the trustee, the real estate investor buyer must pay anwhere from 10% to 100% of the purchase with a cashier's check on the very day their auction bid is accepted.

REI Funding can provide the funds that are needed for this kind of purchase.  

Funding for these types of deals typically fall under our Extended Transactional Funding program. Please contact us at least 10 business days prior to the foreclosure sale date so that we can learn more about the property and do proper due diligence.


NOTE: We are currently only providing Foreclosure Auction Loans in the metropolitan St. Louis area, on the Missouri side only.

Contact us for more info



image