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20 results for the term "auction"
RICS launch updated guide to property auctions
The Royal Institution of Chartered Surveyors (RICS) has today (5 June 2024), launched a new comprehensive and impartial guide to assist consumers in making fully informed choices when buying or selling property at auction. The ...
Posted in Auction Tribe 2 Replies Active 1 year agoGrade II listed mansion unsold at auction
No, I don't think you are.The amount of money to repair such properties is, unfortunately, economically unviable much of the time.They are really only for extremely wealthy people who are not interested in a return on their ...
Posted in Refurbish/Develop 7 Replies Active 1 year agoJapanese knot weed - auction purchase
" The housing association didn’t mention it in the legal pack and I would have thought they would have had a legal duty to? " They do! ...
Posted in Auction Tribe 6 Replies Active 1 year agoTaylor James Auctions
Surely you have control: If an auctioneer doesn't like the special conditions, they are at liberty to decline to proceed at all.Some might consider that a touchy response - or did I misunderstand someone much cleverer ...
Posted in Auction Tribe 8 Replies Active 1 year agoAuction property next to wastewater plant
If you are a cash buyer and the yield is strong enough that is a different to needing mortgage finance. However if you were to sell in the future if a buyer can't get finance on the property that will impact negatively on the ...
Posted in Auction Tribe 12 Replies Active 1 year agoAuction purchase with tenant.
I'm sorry to say that you may have a long battle on your hands. Buying a tenanted property means you've bought a business and that requires a high degree of due diligence, which clearly wasn't done. You may be able to ...
Posted in Legal FAQs 3 Replies Active 1 year agoMore on IAmsold -the modern method of auction
Sold house with them last year, found very efficient smooth process, got price I wanted so was happy. Would definitely consider again ...
Posted in Auction Tribe 15 Replies Active 1 year agoSelling to buying company or auction
Sorry to hear of your plight.I have a professional cash buying friend who will consider this. Be advised he will only pay 80% of market value, but he is fair, and he can complete very quickly as he has a large cash fund.If ...
Posted in Investors in Distress 7 Replies Active 1 year agoBuying a short lease flat from an auction
End value, cost of refurb, extension, saleable price etc to see if there is profit. ...
Posted in Auction Tribe 9 Replies Active 2 years agoNewbie advice for buying property at auction
The anagram of auction is "caution".Unless you have done intense due diligence, viewed the property, and your numbers stacking the deal are watertight, then it's potentially dangerous for you and could result in ...
Posted in Auction Tribe 18 Replies Active 2 years agoGood auction/conveyancing solicitor wanted
Hi all - my two favourite solicitors are currently retiring/ taking a lot of time off. Time to get a new 1-2.Anyone got a good affordable solicitor they can recommend?Both in normal auction style properties / looking at legal ...
Posted in Wanted & Recommendations 3 Replies Active 2 years agoAuction legal pack review service
I found a local solicitor to do it for me. Ranged in price from £100 to £450. Otherwise contact the auction house as there used to be solicitors at the auctions who would do it for £100, on the day. They must be ...
Posted in Wanted & Recommendations 3 Replies Active 2 years agoModern Method of Auction
Same, I just say "I don't do modern auctions, I'm not paying the fee" (if I even get that far, most times just scroll past). I don't get why I would want to pay double the normal selling fees for that person to then act for the ...
Posted in Buy-to-Let 11 Replies Active 2 years agoProperty Auction Websites - Anyone used?
Hello DShaw, I've overseen numerous sales by auction over the last 15 years. Usually for problematic properties or leases, but occasionally because a seller needs the certainty of exchange of contracts happening on the ...
Posted in Auction Tribe 10 Replies Active 2 years agoAuction property in Shanklin Isle of Wight
Older style 3 storey house offering huge potential currently listed on Rightmove - 11 Landguard road Shanklin, Isle of Wight. Ideal addition to anyone looking to expand their portfolio. Do get in touch if interested. ...
Posted in MarketPlace 2 Replies Active 2 years agoUsing bridging finance for auctions
If you re interested in purchasing property at auction and you are looking to finance this through a bridging loan, there are some considerations to make before application.What is your exit strategy? Are you looking to refurbish ...
Posted in Mortgages & Finance 2 Replies Active 2 years agoI lost my £6K deposit at an on-line auction
Hi Michael,The whole point of the auction process is to make a sale final.If everyone made bids and then backed out, there would be no integrity to the auction process!I think you are lucky that the vendor is not forcing you ...
Posted in Auction Tribe 29 Replies Active 2 years agoBuying leasehold at an auction
The anagram of auction is caution. There are many tricks and slight of hand that are used when selling at auction to foil naive people, so you do need to be on your guard.On the ground rent point, you are correct.If you ...
Posted in Auction Tribe 3 Replies Active 2 years agoPublic auction, secure purchase vs modern method
I think if you are someone like haf who obviously has their head screwed on and is prepared to put the hours in then auctions can work well but I have to say when I looked at auctions (last time about 2 years ago) anything I was ...
Posted in Buy-to-Let 13 Replies Active 2 years agoGetting started (possibly at auction)
Good idea but it's going to be very costly to survey several houses in hope of getting 1 at auction. I usualy look myself and take my builder with me to look at it. A surveyor will just point to crack and say, you better get that ...
Posted in HMO & Multi-Lets 5 Replies Active 2 years ago