The RAC Program
Investors go through RAC to purchase properties at the auction because we minimize the risks involved and because our investors trust us. RAC minimizes the risks by guaranteeing the title to the property. This means we perform a thorough chain of title search for each property at the auction. We usually search for loan position, judgements, liens, taxes, substandards, and any other issues effecting title.
RAC also assists our clients with the cash for keys negotiations. In the majority of acquired properties, the previous owner or tenants are still residing on the premise. RAC will assist you with either a cash for keys negotiation or eviction.
After we have received your signed contract and full funds, you are ready to start bidding.
Upon winning the property at the auction, RAC will exchange your cashier’s check with the auctioneer for a sales receipt. The Trustee’s Deed will arrive in the mail approximately 2 weeks later after the sale date.
We recommend, after receiving the deed, to initiate the eviction process. If your property is vacant, you may begin the renovation process. RAC will assist you until you take full possession of your property.Contact Us