Financing for Concierge Auctions Bidders

Program at a Glance

1. 01

   Up to 70% LTV on the Hammer Price

2. 02

   12-Month Term

3. 03

   Non-Recourse

4. 04

   Funding Within 30 Days of Auction Close

5. 05

   Non-Owner-Occupied Investment Property

6. 06

   LLC Borrower

How It Works: Your Path from Registration to Funding

1. Pre-auction application (approx. 3 weeks)
2. Auction live (approx. 2 weeks)
3. Close and fund (30 days or less)

1. 1

   Register with Concierge Auctions

   Create your account, complete identity verification, and e-sign the bidder agreements. Look for the 'Financing Available' note in the property listing.

2. 2

   Apply to Bay Point

   Click through from the listing to the Bay Point portal. One resumable application; upload your documents and complete a short phone interview.

3. 3

   Receive Your Term Sheet

   Approved bidders receive a term sheet before the auction opens stating the maximum loan amount and terms, conditional on winning.

4. 4

   Bid and Win

   Bid knowing your financing ceiling. At auction close, Bay Point confirms the firm loan amount and issues your loan package.

5. 5

   Close and Fund

   Title, survey, insurance, and loan documents are completed. Bay Point funds your LLC within 30 days of auction close.

Why Bay Point

• Founded 2012, Atlanta-based private investment firm; 630+ transactions completed
• Senior-secured lending track record in ultra-luxury residential real estate
• Purpose-built program for the Concierge Auctions 30-day close