256-262 Essex Street, Unit 2 & 3
Lawrence, Massachusetts
Nov 20, 2026 Auction Date
12 pm Time
$5,000 Deposit
Research Tools
Due Diligence Checklist
Physical
- Drive-by inspection of the property
- Confirm occupancy status (owner-occupied vs. tenant vs. vacant)
- Photograph exterior condition and visible damage
Financial
- Prepare certified check for deposit ($5,000)
- Research assessed value and recent comparable sales
- Estimate rehab costs for a realistic ARV calculation
- Calculate maximum bid (ARV × 70% − repairs − deposit)
Legal
- Verify all existing liens at the Registry of Deeds (https://www.masslandrecords.com/EssexNorth)
- Research outstanding real estate taxes and municipal charges
- Review title history for IRS liens or judgment liens
- Obtain and read the full terms of sale from the auctioneer
Administrative
- Confirm auction date, time, and location with auctioneer
- Register or pre-qualify with the auctioneer if required