Before you head out to an auction for a particular building or buildings, take the time to visit the property and do a comprehensive building and pest inspection. This is also a risky strategy because you are not guaranteed of a win in the auction but it is a good insurance against a potentially dud property purchase.
Buying properties through auctions can be costly affair if you do not have a well-tuned strategy on assessing the condition and value of properties before heading out to auctions. Without good information and insight into the property, you will probably end up paying too much for it. Buying a dud in an auction may unlock a Pandora’s Box of problems that may end up keeping you out of pocket for many years. If you are buying it as an investment property and you are overpaying for it, you are most likely going to lose money over the long run.
Inspect East
117/283 Glen Huntly Rd Elsternwick VIC 3185
Phone (03) 8657 0007
Email: support@inspecteast.com.au
website: https://www.inspecteast.com.au
google maps: https://goo.gl/DxkgiY
Phone (03) 8657 0007
Email: support@inspecteast.com.au
website: https://www.inspecteast.com.au
google maps: https://goo.gl/DxkgiY
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