Buying Property At Auction: What You Need To Know!

It's a well known fact for most property investors that it's possible to find a great deal when buying properties at auction. Having said that, sometimes it can have the reverse effect, where you actually end up paying more for a property than you'd like to. But why is this?

Is it a result of getting caught up in the excitement, bidding with emotions, rather than making careful, logical decisions? Is it because other property investors are also trying to get the same deal?

In this video, Kevin Wright explains exactly how buying properties at auction works, but more importantly, what is it you need to be looking out for to make sure that you don't get caught out!

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[Zenflow]

Great stuff kevin more amazing free content, its all about the legal pack

[prab]

Hi Kevin, Great video, thanks for the information. I have a question: I got an IT contracting trading company where I got cash reserves. I want to lend from this company to a property company. I am the director for both. Do Lenders have any reservations if the deposit comes from another company even though it's mine?