Well... as the property market starts to stabilise a little more here in South Africa property is once again being bought and sold. With many distressed properties on the market auction seems to be the way to go.
Many are now turning to auctions to find an quick and qualified buyer.
It would seem that the majority of those turning to property auctions at this time are residential property owners. Who may have had their properties on the market for a long time and had no luck with Estate Agents trying to find an appropriate buyer. Or perhaps it has been an owner that can simply no longer meet their obligations after a change in circumstance of late.
Agricultural and Commercial property auctions have always been a popular way of making an investment purchase. With many businesses having made drastic cut backs over the past 18 months these may prove to once again be a good investment over time.
If you are looking for an Auctioneer in South Africa, try Ian Wyles, Gavel & Co or Maxprop Auctions depending on your auction needs.
Subscribe to:
Post Comments (Atom)
0 comments:
Post a Comment