Real Estate Auction – Financing
Purchasing a home at auction has never been easier. In fact, each year real estate auctions become more and more popular. The following financial institutions/mortgage companies are familiar with the auction process and have representatives available to pre-qualify and assist you in all your real estate auction financing needs.
Teresa (Terry) Barbuzanes Mortgage Originator
AgChoice Farm Credit
1.800.554.9055 Jeff Myers
1.800.554.9055 Don Chlebowski
717.597.2931 Rhetta MartinMortgage OriginatorNMLS# 409257
Each Real Estate Auction requires that a non-refundable down payment be made at the time the property is struck down. The following methods are the only methods of payment accepted by Hurley Auction Co. Inc. unless otherwise approved by Hurley Auctions:
- Certified or Cashier’s Check payable to Hurley Auctions or to the buyer which can be signed over to Hurley Auctions
- Personal check accompanied by a Bank Letter of Guarantee (see sample below). Letter must read as follows and must be signed by an officer of the bank.
Letter of Guarantee
- (Date of Letter)
- Hurley Auctions
2800 Buchanan Trail East
Greencastle, PA 17225
- (Customer requesting Letter of Credit)
- This letter will serve as your notification that (Name of Financial Institution) will honor/guarantee payment of any check(s) written by (Customer), up to the amount of ($ X,XXX.XX).
Drawn on account # (Customer’s account number).
This guarantee will apply only to the Hurley Auctions for purchases made (Date of Sale) only. NO STOP PAYMENTS WILL BE ISSUED.
If further information is required, please feel free to contact this office.
Name of Officer
Bank & Location
Office Phone #
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