Why are Properties always going to Auction?
Going once… Going twice… Going three times… make no mistake ladies and gentleman, this is on the market and will be sold, no final offers? SOLD! We know the words well but in actual fact an auction sale is quite different to a normal private treaty sale in that it is a ‘cash’ purchase and you are generally entering an Unconditional Contract once the hammer falls. This is extremely important to understand. It means your finance and any due diligence,...