| All house prices are still rising popular
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| | you homework. Examine property; surround
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| areas, homes usually already under
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| | area to make sure it is suitable. It is
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| contract by the time the estate agent's
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| | also time to have the property surveyed.
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| board goes up. People should also find
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| | Ask you solicitor to check the title to
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| another sources a part from estate agent
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| | the property and arrange mortgage for
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| Every year around 40,000 properties are
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| | you. If you are successful buyer you need
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| sold at auction in the UK - many at up to
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| | to plan to complete the purchase with in
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| 30% below high street prices. Auction
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| | 25 days of the auction. The list of
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| firms always focus on unusual,
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| | auctions you can easily find online. You
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| hard-to-value premises like churches and
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| | also need to be ready to insure the
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| village halls, commercial lots with
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| | property from the moment you get it.
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| potential for change to residential
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| | Before you go to auction set your highest
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| property.Usualy properties which need
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| | bid.
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| renovation get sold though the auction.
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| | You need to estimate the total costs of
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| This is why most of the time you going to
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| | decorating repairs, surveying fees,
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| find yourself in competition with
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| | mortgage, legal and removals and any
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| professional property developers.
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| | other expenses - and then work out how
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| To get property at auction requires very
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| | much you are willing to spend. Please do
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| careful planning, full attention to
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| | not forget buyer's premium will add
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| details and good nerves.
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| | another 1.5 per cent on the top of
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| If you succeed the reward - dream house
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| | selling price and also you need to pay
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| at good price. But if you don't do
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| | stamp duty.
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| carefully groundwork then your bargain
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| | Pre-sale catalogue prices very often
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| could turn out to be very costly under-
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| | wildly below the real sale price to get
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| the-hammer horror. It is worth know that
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| | buyers to auction. Property prices can go
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| some superficially good looking
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| | up and down throughout per-sale period.
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| properties go to auction because they
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| | Please keep in touch with the agent. The
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| have hidden problems like dry rot, strict
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| | actual price usually set on auction day
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| planning restrictions, bad neighbors
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| | and it will be 10 per cent
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| Where to start?
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| | Of the reserve price which is minimum
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| About 250 companies run residential
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| | price the owner will accept. Once the
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| property auctions every single year in
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| | price met reserve vendor legally obliged
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| the Great Britain. One, estate agent FDP
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| | to sell the house to the highest bidder.
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| Savills, holds ten national auctions a
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| | If you are successful bidder you will
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| year in London and seven regional
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| | need to sign a legally binding contract
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| auctions. It says there is very strong
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| | after the auction also you need to pay
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| demand for all types of property at
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| | ten per cent of the property price by
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| auction and there is good market for
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| | cheque. Remember they do not accept cash.
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| flats and houses which requiring
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| | Try to attend auction a few times before
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| refurbishment.
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| | you start bid. It helps to get
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| Every auctioneer will send you catalogue
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| | confidence. Check all local estate agent
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| for all coming auctions at list one month
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| | just to see at what price similar
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| in advance. That is time for you to do
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| | property have sold for.
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