What kind of property is sold at a property auction?
Properties that are difficult to sell The property auction route has often proved more successful than private selling for properties that are hard to sell. This might be because some people at property auctions are willing to take a chance on a property, particularly if they think it looks like a bargain. Repossessed houses Unfortunately for their previous owners, these properties are very common at property auctions. Whilst feeling for the people who have lost their houses, there is no doubt that house buyers benefit from these situations. Investment properties Properties that are owned for the income they produce (such as offices or shops) are often included in property auction catalogues. Investors cover a range of buyers from large pension funds right down to individual investors looking for a return on their money. Find out more about Property Auctions in our complete guide to Buying Bargains at Property Auctions. And learn the secrets of buy-to-let success with our Buy-to-Let Bi
