- DFC offers financing (95%)
- Ensure your BID letter states if your offer is ‘Cash’ OR if you would ‘Like DFC financing.’
- Five (5%) of the purchase price must be met by the buyer on the day of the auction. There will be closing costs.
- Kindly note that once property is purchased ‘Cash’, ten (10%) of the purchase price must be met by the buyer on the day of auction
- Ensure to visit the property to know what it is you are buying.
See here for more information on: What you need to know to purchase a DFC foreclosed property.