Open House · Sunday 1 to 4

Renovation financing, built for houses like this one.

2504 Hawthorne St, Sacramento. How the bidding works, what the renovation actually costs, and which loan fits, in three taps.

FHA203(k)FannieHomeStyleFreddieCHOICERenoVARenovation
Jenifer SimsListing agent Jenifer Sims, eXp RealtyCallEmail
You need a pre-approval letter to register to bid.Bidding closes about a week out. Start today.
Book a Call
The buyer premium

Your bid is not your purchase price.

The premium on this property is 3.0 percent, and per the platform's terms it gets written into the purchase agreement rather than charged separately.

Bid shown on the listing$150,000
Buyer premium, 3.0%$4,500
Purchase agreement price$154,500

Figures shown on the USAHomeBids listing at the time this page was written. The bid moves, and the premium and total move with it. Check the live listing before relying on any of it.

The fears

What people worry about before they bid.

?Can I even bid without cash?

Registration is approved by the listing agent, and per the platform terms that usually means proof of funds or a pre-approval letter. Financed buyers are expected. Get the letter first, worry about the rest second.

?If I win, can I actually close?

Winning the bid does not win the house. The seller can accept, reject, or counter. A written purchase agreement is due within 24 hours of bidding closing, so the strength of your financing has to be sorted before that clock starts, not during it.

?Do I lose money if it falls apart?

The platform reserves the right to charge $1,000 to a winning bidder who does not produce a purchase agreement. Beyond that, earnest money and its refund terms are set in the purchase agreement itself, which has not been written yet for this sale.

How the bidding runs

The rules of this sale.

Pulled from the USAHomeBids platform terms for this property.

RegisteringApproved by the listing agent, usually after proof of funds and a pre-approval letter. Some properties allow credit card validation instead.
Bid increments$1,000 at a time, up to $1M.
Auto-bidSet a maximum and the system bids for you until you win or get outbid.
Late bidsAny bid inside the final 12 minutes extends the bidding by 12 minutes.
Buyer premium3.0% of the winning bid, included in the purchase agreement, applied toward closing costs. Agent compensation is negotiable.
After you winPurchase agreement due within 24 hours for the bid plus the premium. Seller may accept, reject, or counter.
Walking awayThe platform reserves the right to charge $1,000 to a winning bidder who does not complete a purchase agreement.
Still to confirm

Earnest money amount and deadline, the closing timeline, and inspection and contractor access windows are set in the purchase agreement, not in the platform terms. If you are using renovation financing, a contractor needs to walk the property to write a bid, so that access is worth negotiating into the offer rather than assuming.

Property details on file
Address2504 Hawthorne St
Sacramento, CA 95815
Bid shown$150,000
Beds / baths3 / 1
Square feet~1,510
Lot~0.17 acre
Year built1930
TypeSingle family
Sold viaUSAHomeBids

The bid shown is a live number, not a price. It moves during bidding, and the premium moves with it.

Beds, baths, and year built come from the listing. Square footage and lot size come from public records and are unverified. Confirm every detail with the listing agent.

Kyle Butterfield, mortgage loan officer

Kyle Butterfield

Loan Officer · NMLS #2717196 · Sacramento Metro

I work with buyers across the Sacramento metro, including Roseville, Rocklin, and Folsom. If this house is on your list, you need a pre-approval letter before you can register to bid, and you need to know whether a renovation program fits before you commit to a number. Both start with one conversation.

Jenifer Sims, listing agent

Jenifer Sims

Listing Agent · eXp Realty · CalDRE #02112643

The listing agent for 2504 Hawthorne St. For questions about the property, the bidding, or to schedule a private showing, reach out directly.

What the call actually produces
  • A pre-approval letter, which is what gets you registered to bid in the first place
  • A bid ceiling that already accounts for the 3.0% premium landing in the contract price
  • Whether a renovation program fits this property, and which one
  • A contractor bid and access plan that fits the timeline instead of blowing it
  • An offer your lender can actually back, since the seller can still counter or reject