Buying At AuctionBuying property at auction is not everyone's cup of tea, and whilst most people go through the standard route of estate agents, buying at property remains a popular way of acquiring property for many people. These include first time buyers looking for a bargain as well as, of course, property developers and those well on their way to a nice little property portfolio.
If you are buying at property there are various things to consider, however. Whilst it seems obvious that you should not 'buy blind' without having viewed the property first, this still does happen and can lead to all sorts of nasty surprises. Therefore check out any property you are considering on buying before doing so, no matter how well you know the area or how much experience you have.
There are many things you can do to prepare for a property auction, and many companies send out catalogues for their auctions so you can register with local property auctioneers to keep abreast of the news. Our articles look at buying in auction in general, including tips and hints (such as always reading the small print to see what charges and conditions may be attached to the purchase of the property you are interested in!)