When do foreclosure auctions occur

#WordWednesday this week is on the phrase: "When do foreclosure auctions occur?"

I work in Missouri and foreclosure sales happen every day of the week. When I answer this question, a lot of investors at REIA meetings seem surprised. And often they seem more surprised when I tell them that it's different in every state - for example, in Georgia the state only allows ALL foreclosures to be conducted on one day per month....which we call "Super Tuesday" and can have upwards of 300 properties sold with hundreds of buyers on that one day.

Many foreclosure sales in Missouri occur during the morning hours - such as 9am or 10am. And that's a perk of being a foreclosure auction manager.....getting to work in the morning and having the afternoon off! The status of the properties can change at anytime though. Some days, the trustee gets a call from the bank literally as they are walking up to auction the property. It can be cancelled or postponed for a variety of reasons.

The more I learn about jobs in real estate the more that I'm impressed at such a variety in people-types and skill-types. It's such a neat industry with so many moving parts and so many ways to make money and meet awesome people!