Looking for a great gift idea
If you have a relative, friend or colleague who will be
looking to buy a cheap property in 2006, then why not buy them
an Annual subscription to IPDS to help them find that property
even faster?
(It is also an easy gift to wrap!!)Click
here to buy now!
If you are new to buying at auction and are
considering searching for a home to buy, then this guide will provide
you with a general overview of how property auctions work and how IPDS can
help you in finding the right property.
(The following pages are extracts
from the IPDS Members Buyers Guide)
If however, you still have any questions please do not hesitate to contact
us - our details are provided on our
About Us
page
What are the main
advantages of buying at auction rather than an estate agent?
For you the private buyer there are many
advantages of buying at auction over an estate agent. The main advantages of
buying at auction are....
Equal Opportunity - The property is available for sale on a set day
for all interested parties so everyone can have an equal chance of buying.
No Gazumping - There is no risk of being gazumped because the
property is sold on the fall of the gavel and the contract is binding.
Safe Purchasing - There is no danger of the vendor 'pulling out' as
the contract of sale is binding as soon as the gavel falls
More Choice - Auctions often offer a wider range of properties and
can include repossessions or properties in need of renovation or
modernisation or those who are only available for sale through an auction
and which will never see a high street window.
Time Saving - Because all the legal work and surveys should be
completed prior to the sale you can enjoy a speedy purchase and completion.
