Would you ever buy a house you hadn't actually seen? The reality is, when buying through property auctions, you could find yourself in a situation where seeing the property before you put in an offer won't be an option. But, don't worry. As long as you do your due diligence then you can minimise the risks. … [Read more...] about Property Auctions | Would You Ever Buy A House You Hadn’t Seen?
When buying property at auction there are lots of options for investors to choose from, but which really make the best deals? Should you be looking for a property that is already tenanted and producing an income or should you be considering refurbishment projects to which you can add value and sell at a profit? … [Read more...] about Ready-To-Go Rentals or Refurbishment Projects? | Property Auction Tips
There are some great refurbishment properties to be had at auctions but it's not as simple as saying across the board every single property that goes to auction is a bargain and that every single refurbishment property that goes to auction is going to be a great deal, worth looking at. … [Read more...] about Are Property Auctions the Best Places to Find Refurbishment Projects?
Typically, when it comes to buying a property at auction you will be contractually obligated to buy the property quickly. This means you are going to need the cash to be available. But if you don't have the funds then you can also look at leveraging bridging finance or commercial finance. … [Read more...] about What Finance Options are There When Buying Property at Auction?
We were asked by a client who is looking to buy properties at auction, whether it is better to focus on local property auctions or national property auctions. Well, there are pros and cons to both types but there are also some very good reasons why you should be looking at both. … [Read more...] about Should I Focus on Local Property Auctions, Or National, Or Both?
Bridging finance is the most used kind of finance for investors and landlords who are buying auction. If you have the cash, that's a great position to be in but it's not always possible to achieve. Bridging finance can be set up within a couple of weeks or a couple of days and is designed to help you buy property fast. … [Read more...] about Should I Use Bridging Finance To Buy Property At Auction?