Things To Consider When Buying A House On Auction

Asking for all information before you bid on the property ensures that you are exercising your consumer rights.

How To Avoid Unexpected Surprises
Once you have shown interest in a property on an auction and reached out to the auctioneer or property agent that is selling the auction, it would be best to ask for a bidders information pack, and get the property particulars:

-information from the deeds office
-outstanding utility rates
-outstanding electricity rates
Once you’ve read all the legal documentation regarding the property, make an appointment to view the property. If need be, ask your most trusted plumber, electrician and builder to accompany you when viewing the property. By doing this, you’re ensuring that you’ll be placing a bid that’s just right for the property. Also, you don’t want to fall prey to voetstoots, only to discover that you’ve bought a property with a set of problems that you’ll have to fix at your expense.

Find out what happens next.

The Online Auctions Team

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