Buying a house at auction is a great way to find a bargain buy-to-let property for sale. On a good day, it’s possible to purchase a property for as much as 15% lower than the market value – which for the average house, equates to saving thousands of pounds.
However, it’s unwise to attend a property auction if you aren’t familiar with how they work. House auctions offer great property investment opportunities, but there are pitfalls involved – and mistakes can be costly.
Here’s a guide to the common problems involved with buying a house at auction, and how to avoid them.
Property Auctions – Mistakes to Avoid
The Buy2Let Shop Limited
If you’re thinking of buying a house at auction, The Buy2Let Shop can help. We’re a team of expert property investment agents, and we’re here to secure the ideal investment house for you, at a price that suits.
We also have a range of properties on our books, which are priced competitively to sell. To find out more, simply visit The Buy2Let Shop website today.