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In this video, we discuss what happens when you're the highest bidder for a property on the auction site XOME. What are the next steps? First off, it's congratulations. You won at an online property auction. Next, your main question is, what do I do now? And a lot of auction sites have pretty good FAQ sections to walk you through this auction process. For this video, we'll walk through the XOME closing process. After you win a property at auction, you will be notification in the app or the website, or an email. XOME will have you fill out a checkout form. The checkout form is primarily high-level information on, who's buying the property, what type of financing, what's your offer, and then that gets submitted to the seller. The Seller will review that information to see if they accept your offer or not. And a lot of this information is in the checkout form, please fill it out correctly because it ends up, going and being used in the purchase and sale agreement if you come to an agreement on the auction. Here the checkout form asks are you buying the property in your name or your business entity's name? So you would fill that out. How are you paying for it? Is it cash? A hard money loan? Traditional financing,. if it's cash, they're currently expected quicker, close maybe 21 days versus like a hard money loan or traditional finance, it might be 30 days on that close. And ultimately, what closing office do you wanna use? That's where you entered your closing office that you want to use. XOME Checkout Form #Realestateinvesting #auctionproperty #onlineauctions WANT TO LEARN MORE ABOUT REAL ESTATE INVESTING STRATEGIES? TUNE IN WHERE WE TALK REAL ESTATE... 💻 REO Blueprint will get you started in online real estate auctions today https://www.reoauctionacademy.com/reo... 🏠 OUR PROPERTIES FOR SALE http://www.housedealsamerica.com/hous... ✅ Join the Virtual Investor Community https://www.fliprealestatevirtually.c... 👀 Do You Have Any Properties for Sale? We are cash buyers! Here are our buying criteria == • Attention Real Estate Wholesalers | S... Please email us your wholesale properties at [email protected]. Thank you. ================================ 🔥 Subscribe For New Weekly Real Estate Investing videos🔥 / reoauctionacademy ================================