Buying property at auction is nerve-wracking, exhilarating and can be hugely profitable – as long as you know the pitfalls to avoid. In this step-by-step guide you will learn why so many successful developers and investors buy at auction – and how you can buy and profit from property auctions.
Offering expert tips and guidance, author Sam Collett will hold your hand through the property auction process from start to finish. Comprehensive and easy to follow, the guide is packed full of case studies, expert tips and watch points for the novice property auction buyer.
Contents include: how to find auction property; tips for viewing; preparation checklist; how to calculate your bid price; research the market; raise finance; cost works; check legal paperwork; auction sale day; after the auction; real tales of auction buys and a directory of auction houses.