PROFESSIONAL LEADERS IN THE AUCTION INDUSTRY
Real Estate, Commercial, Estate/Downsizing

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.

Orrstown Bank

Teresa (Terry) Barbuzanes
Mortgage Originator
NMLS#: 446776

717.709.3405
717.414.6689(cell)
tbarbuzanes@orrstown.com
 

AgChoice Farm Credit

Darryl Gross
1.800.554.9055

Jeff Myers
1.800.554.9055

Don Chlebowski
1.800.554.9055


www.agchoice.com

F&M Trust

Amy Seiders
Mortgage Originator
NMLS#: 514737

717.597.2931

Rhetta Martin
Mortgage Originator
NMLS# 409257
717.261.3567

www.fmtrustonline.com

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:

  1. Cash
  2. Certified or Cashier’s Check payable to Hurley Auctions or to the buyer which can be signed over to Hurley Auctions
  3. 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:
    (Date of Letter)
    To:
    Hurley Auctions
    2800 Buchanan Trail East
    Greencastle, PA 17225
    Re:
    (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.


    Sincerely,

    Name of Officer
    Title
    Bank & Location
    Office Phone #




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