A GUIDE TO BUYING A PROPERTY AT AUCTION

FAQ List

What are the advantages of buying at Auction?
What does the catalogue tell me?
Are the guide prices accurate?
Should I inspect the property?
Should I have a survey carried out?
What do I have to pay on the day?
What do I need to bring with me on the auction day?
Do I need to contact the Auctioneers prior to sale?
How do I bid?
What if I am the successful bidder?
Do I have to insure the property?
What happens if the property does not sell?
What happens if I cannot attend the auction?

QUESTION: - Do I have to insure the property?

ANSWER: - Yes, the property is your responsibility from the date of the Auction.