Purchasing at auction? Plan today to avoid a nightmare tomorrow

Lesley McDonnellWhether you are buying your first home, or relocating, purchasing property can be daunting.  If you are considering buying at auction then the experience can seem all the more confronting. The experience need not be a daunting one as long as do your homework. To assist you, the following information may provide some guidance as to what to expect and how best to prepare for the big day.

An auction provides the venue through which buyers and sellers come together to permit interested buyers to make bids on property they wish to purchase. If you are the successful bidder at an auction, you will be required to sign the Contract and pay your deposit then and there. … Read More