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The UK's independent property information site
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| Buying Property Discussions about buying a house, such as flats, detached homes, and other housing. |
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25-08-2011, 03:09 PM
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Buying a Property at Auction?
Are you thinking of buying a Property at Auction?
Most people are put off buying at auction as its just too much of a quick process. You could just miss out on a bargain. 
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26-08-2011, 06:38 PM
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Re: Buying a Property at Auction?
A fair point slightly strangely put! Welcome mortgage arena.
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05-09-2011, 03:27 PM
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Re: Buying a Property at Auction?
Sounds like an advert but theres no link or anything. Its sound advice though Ill agree to that.
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05-09-2011, 03:48 PM
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Re: Buying a Property at Auction?
Yes, go ahead and buy at auction.
Don't bother to have a survey or get a solicitor to check legal stuff beforehand and then try and sell it a few years later.....
__________________
RICHARD WEBSTERwww.rwco.co.uk As a conveyancing solicitor I want to be helpful (England/Wales only) but can't accept liability for this.
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05-09-2011, 03:58 PM
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Re: Buying a Property at Auction?
My clients still manage to follow the usual procedure regarding the valuations & legal work involved in a normal sales process.
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05-09-2011, 11:32 PM
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Re: Buying a Property at Auction?
It can be a gamble buying at auction because you may not have got a surveyors report prior and if you get unlucky buying a property with subsidence then the insurance company may not pay out. On the other hand it is a great way to pick up perfectly great homes that have been repossessed.
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We have debt solutions to help you get out of debt problems
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06-09-2011, 10:24 AM
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Re: Buying a Property at Auction?
Sound advice would be to have a look at the property with a builder if you know one. Or if you are very interested in the property pay for a surveyor to have a look round prior to the auction (if it is at all possible to do so).
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