Due to recession, there has been a huge increase in home repossession
all ripe for renovation &conversion
If you are planning to buy your dream home at a reasonable price, then look no further than repossessed properties available at auction. If you bought a home through an estate agent you would have paid 50% more than if you buy the same house at auction.
Many bankers and lenders sell repossessed properties at auction because it's quick, simple and easy. Many properties are sold at a low price enabling buyers to get some excellent deals. Even newly build flats are being sold at huge discounts. If you buy a property at auction you can save as much as half the value of the property.
But remember you don't have to go to the auction room to buy an auction property.
Absentee Bidder:
A person who does not attend the sale but submits, in advance, a written or oral bid that is the top price he or she will pay for a given property. A procedure which allows a bidder to participate in the bidding process without being physically present. Generally, a bidder submits an offer on a property prior to the auction. Absentee bids are usually handled under an established set of guidelines by the auctioneer or his representative. The particular rules and procedures of absentee bids are unique to each auction company.
You must do your homework well. We explain everything in "The Property-Master" CD-Rom
& it's FREE
You could start with a spot of Auction Terminology
The podium or raised platform where the auctioneer stands while conducting the auction. “Placing (an item) on the auction block” means to sell something at auction
A prospective buyer’s indication or offer of a price he or she will pay to purchase property at auction. Bids are usually in standardized increments established by the auctioneer.
Individuals who are positioned throughout the attendees at the auction to assist the auctioneer, spot bidders and assist prospective bidders with information to help them in their buying decision. Also known as ring men, bid consultants, bid spotters, or grounds men.
A method of sale whereby the successful high bidder wins the right to choose a property or properties from a grouping of similar or like-kind properties. After the high bidder’s selection, the property is deleted from the group, and the second round of bidding commences, with the high bidder in round two choosing a property, which is then deleted from the group and so on, until all properties are sold.
The person who actually “calls,” “cries or “auctions” the property at an auction, recognizing bidders and acknowledging the highest bidder. Commonly known as the auctioneer
The cancellation of a bid by a seller. During online auctions, sellers can cancel a bid if they feel uncomfortable about completing a transaction with a particular bidder.
The standardized amount an item increases in price after each new bid. The auction service sets the increment, which rises according to the present high bid value of an item.
An additional service charge, for which the buyer is responsible, may be added to the price of assets. If so, this will be indicated in the Notice to Purchasers, auction description, asset detail page, or other clearly- marked area.
A publication advertising and describing the property(ies) available for sale at public auction, often including photographs, property descriptions, and the terms and conditions of the sale.
A Latin term meaning “let the buyer beware.” A legal maxim stating that the buyer takes the risk regarding quality or condition of the property purchased, unless protected by warranty.
The fee charged to the seller by the auctioneer for providing services, usually a percentage of the gross selling price of the property established by contract (the listing agreement) prior to the auction.
The highest price a buyer will pay for an item, submitted in confidence to an online auction service’s automated bidding system to facilitate proxy bidding.
An association of individual auctioneers united to promote the mutual interests of its members; formulate and maintain ethical standards for the auction profession; promote the enactment of just and reasonable laws, ordinances and regulations affecting auction selling; make the public more aware of the advantages of auction selling; and generally improve the business conditions affecting the auction profession.
Fraudulent bidding by the seller (using an alternate registration) or an associate of the seller in order to inflate the price of an item Also known as bid rigging and collusion
TOS A legally binding agreement that outlines an auction site’s operating policies. All registered users must agree to a site’s terms before using the service.
The total amount of a bid placed including buyer’s premium.
Regarding "The property master" CD-Rom
Will I find the same information here as on a weekend seminar?
Most of the information is of a very similar nature to that in advertised weekend seminars. For copyright reasons certain aspects have been re-worded.
What if I need a point clarified is there help?
Yes. We have an on line enquiry service where all your questions are answered.
Is the property master updated to suit changes in the market?
Yes. The property master is updated as and when market changes dictate.
Can I print any subjects of interest?
Yes. You can print any individual subject you chose or if you wish you can print the whole seminar. (do put lots of paper in your printer - it runs to over 100 pages!)
Apart from the information are there any additional aids?
Yes. The seminar does include some invaluable downloads including a mortgage calculator, property analysis sheets, tenancy agreements etc.
What subjects are included?
There are 32 different subjects covered for a complete list of topics
Regard the members site, What is on it?
The Cheap property directory, updated daily - details of 1000's of cheap properties coming to sale. Generally speaking these properties will be between 20 and 45% below market value.
Cheap property directory
Where do these properties come from? Repossessions - over 2,000 properties a month are repossessed in the UK, plus Government surplus, Company sell offs, Division of wills, bankruptcies etc.
How do I view?
The property details on the site include contact information of the sales agent. Simply contact this agent to make local viewing arrangements.
How many properties are there at any one time?
This varies throughout the year. Typically at any on time there will be approx. between 1,000 & 2,000 auction and repossessed houses. The renovation and moderisation properties can run to many 1000's
Can I raise a mortgage for these properties?
Yes. Our CD-rom contains details of all specialist lenders.
Why aren't these properties in estate agents windows?
A few are but advertising repossessions in estate agents windows would depress the local housing market.
What areas do you cover?
We cover the whole of the UK. However you will never find a property on the site from either the Isle of man or the Channel islands.
Invaluable insider information
We give you instant access to information utilised by property professionals. Insider details normally only available to developers, landlords and property dealers. At the touch of a button!
There were so many property seminars or workshops springing up. The price for a weekend seminar could be anything between £1500 to a massive £6000. We were really curious, what on earth could they offer that could be worth that sort of money?
So we attended two of them, it cost a fortune, loads of happy clapping, plenty of coffee, but we didn’t even get a free sandwich, one of them recommended our site! we learned absolutely nothing we didn’t already know.
We now bought a couple of books from W.H Smith’s “How to make money from property” and “ Buy your home at half price” the books were fine and only cost £9.95 and £7.95, but we still learned absolutely nothing!
Now we tried the Internet, bought two online property courses, Property Profit Maker at £47.50, and Property Success Guide at £49.95 they were both well written, loads of interesting pages and good value for money, still we learnt nothing!
We looked at another couple of courses, the practical property investment kit at just under £100, and a fortune in property £49.95. Again, good value but nothing new!
All these courses, books and incredibly expensive seminars could in fact probably learn a lot from us.Why?
We are hands on, we actually practice what we preach, and it was very noticeable that they didn’t include some vitally important aspects of successful property trading, they seemed to only teach in theory.
When we realised that marketing companies were selling property investment seminar places at up to £6000 each
AND THEY KNEW NO MORE THAN US, in fact probably less, we thought this the ideal time to publish our work.
Utilizing all our knowledge we commissioned a full 32-part on-line home seminar
The Property Master
Written and promoted by property professionals for property investors
Instant access to a wealth of information and on-going support all on-line
How to deal in property and easily compete with the professionals
Buy property with little deposit and make an instant profit.
Learn all the insider secrets without attending seminars, and parting with huge amounts of money, you can learn as much if not more at home, sorry no happy clapping or free coffee!
How does it work? Simple.
We supply you a user name and password to our seminar site;
Here you can either read or down load the following subjects one at a time, or clarify any subject all on line.
All this valuable information is there at the click of a button on our members site.
Download one section at a time or simply read, its up to you how you want to absorb all this knowledge
Note: if you want to print the whole course put a lot of paper in your printer, it runs to well over 100 pages!
Here is possibly the most valuable part of the property master:
So what is this information going to cost you?
ABSOLUTELY NOTHING! This seminar can be downloaded completely free of charge by all of our subscribers. Not a subscriber? for details click on subscription details below. CLICK HERE
Having not been on a £6000 seminar we don’t know what they have to offer, so maybe they do know more than us. (sorry Inside Track and Turning Point we just couldn't run to that sort of money!)
We did however go to one seminar at £1450 and another for £1850 and our on-line seminar has more info to offer than them!
We could bore you with endless endorsements but we will just publish the last one:
"the opportunities seen so far are worth their weight in gold, if only I'd subscribed to your site earlier!" C.D
To get access to all 32 parts of this "must have guide and online seminar" with instant down load facility simply request our brochure CLICK HERE
Get an Amazing 25%, 50% or even a staggering 65 % off Property ripe for renovation & Conversion The cost of our service is only £39.00 for the first 3 months subscription and then if you wish, £19.00 for every 3 months after that. We do of course offer a 7-day no risk trial to our service
Looking for property well below market value?
Are you looking for a property needing renovation, or your dream home is a barn conversion, or are you are a property developer seeking unmodernised properties across the UK.....
Then you've definitely found the right site.
Every week hundreds, even thousands of properties are, for a variety of reasons sold well below market value! In the last 12 months we have featured over 24,000 properties worth in excess of £1.4 billion. Whether they be repossessions, renovations, government sell offs, estate sales for death duty etc, our central computer sources when, where and with whom each property is for sale and updates our site daily. We then source and publish the true market value, location maps, environmental reports and past sales history on these properties. We update our property database daily
