. Youre not alone; around 18,000-20,000 homes sell by auction each year (and thats just residential properties). We find that online property auctions offer a fast and easy way of buying and selling property regardless of your location without missing out on any of the excitement. Terms & Conditions | The details are displayed as they appear in the auctioneers catalogue, and include the address and full details of the property. 3 bedroom semi-detached house for sale 6 Bata Avenue, East Tilbury, Tilbury, Essex. Our New Property Series; Auction House London's blog; TV appearances; Auction House London. We use cookies to enhance your experience and improve our service. Offers will be submitted to you and, should you accept, auction contracts will be exchanged immediately. Garages, from individual lock-ups to whole compounds. Chelmsford Auction Rooms also specialise in clearances of houses and business premises. Repossessed residential properties will often need renovation work which means there is an opportunity for the buyer to make some money and also increase the value of their property. Property information: Youll need general information about the property such as the address, size, age, and any notable features or defects. Once a buyer commits to bidding on a property and the reserve price is met or exceeded theyrelegally obligated to complete the purchase. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements. No on the fall of the electronic gavel, the highest bidder above the reserve is contracted to buy. Step 1 - Find a local auction house and arrange an auction appraisal. However, we invite you to explore other types of properties available on our website, including short sales and pre-foreclosures. A pre-auction offer can be great for both the buyer and the seller. According to Auction Link, the average success rate at auction is as high as 75%-80, meaning there is a very high chance that your property will successfully sell. It outlines the property details, the auction company details, as well as the terms and conditions under which the auctioneer will sell the property on behalf of the seller. 01622 279788. This is a confidential figure agreed with the seller and auctioneer prior to the auction, below which the seller will not want to sell and the auctioneer cannot sell. We offer a fast, professional, and friendly service to all those looking to sell land or property across Southern England. However, weve seen that there are buyers for every type of property regardless of the condition of the property. We were the appointed auctioneers for the Sheriff of Essex for over 25 years until they removed the Regional Office Authority. You can find more information in our Privacy Policy. Its low because although the lender has a duty to sell at the best price, time is money, and they will want to recoup their funds as quickly as possible. If youre based in Kent, Sussex, Cornwall, Devon, Surrey, London or Hampshire, or anywhere on the South coast we can provide a free auction appraisal based on our knowledge of local markets.. is just as vibrant. Streetview and Google Map location for each property. Dear Alan I would like to thank you and all the staff at auction house Essex for excellent service I received from your company from the initial meeting through to the sale of my property I would have no hesitation in using your company services in the future many thanks. When Andrew said he thought this sale and purchase could work we had our doubts. Our five strategically-placed offices across Southern England have teams with both local knowledge and national coverage that they offer to buyers and sellers alike. A link to the full auction catalogue (if available) and a link to the auctioneers website. Essex boasts a staggering eighteen beaches, including Canvey Island and Holland-on-Sea, which make for the perfect scenic walk, or weekend getaway. With a total population of almost 9 million people, its easy to see why families and workers are drawn to the capital after all, whats not to love? Find out what our clients think in our. Give the companies a call (if it's clear who has sent it) and let them know the previous owners have moved, in case they send bailiffs round. Detailed descriptions for each property that you see in the free search area. It has the 94th largest per capita income of all 3,113 counties this is according to the Bureau of Economic Analysis. This ensures our media coverage and campaigns get the very best possible outcomes for our sellers and our Auctions. Terms & Conditions | The advantage of using an auction house to help clear your house or premises is you get the added value of our expert valuers assessing your property and giving you the best possible return when you use the auction to dispose of your goods. As the seller, you are responsible for a contribution towards the catalogue expenses, as well as a commission on the sale. If you are looking into purchasing a repossessed home at auction then you can search through our UK database of bargain homes and cheap properties to see what is available, and contact the auctioneers for further information. Description. Homebuyers should be aware that the process of purchasing property at auction is quite different from buying a home through an estate agent. With a soaring population of almost two million, its not hard to see why our Essex property auctions are helping more people than ever make Essex their new home. A link to the full auction catalogue (if available) and a link to the auctioneers website. Terms and Conditions - Privacy Policy. Online auction date. There are plenty of properties and land for sale in Essex, just waiting to be auctioned to the right buyer. This is because the contract of sale at auction must be completed within 20 working days of the auction date. *Unsold. All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum, which will be available on Auction Day. Clive Emson lists our properties on our own website which generates tens of thousands of visits each month. And remember if you're thinking about selling your house or property at auction, call us on 020 36039530 or complete our simple Enquiry Form to receive a free, no obligation property valuation. It does mean that, as the seller, you have to be certain that you are ready to sell and are happy with the reserve price. The other advantage for the sellers is that there are no refunds, so you cannot change your mind once the hammer is down. For the seller, it offers the possibility of a quick sale and the certainty of a sale price but youll need to assess each offer and make a judgement call as to whether to accept. As one of the UKs leading auction houses, with more than 20 years auction experience, and building on the expertise of the Savills network, we will make sure your property gets in front of the right people. Set the minimum and maximum price you're . Bank repossessed houses are resold in order to recoup losses. Auctions are ideal when you have a property that is unique or difficult to value, or one that appeals to a broader audience than, say, your local estate agent is able to offer. How To Get The Most Out Of An Auction Property Viewing, Buying Property & Land at Auction: Your Questions Answered. Interested buyers in the auction will be invited to make post auction offers after the sale has finished. Contact the auctioneer. Whether youre single, partnered or a family looking for your forever home, our house auctions in Essex can get you on the ladder. Whether youre single, partnered or a family looking for your forever home, our house auctions in Essex can get you on the ladder. Property for sale Albert Road, London SE25. We have over the last 30 years built solid relationships with local and national media owners from local newspapers to National radio brands. This agreement protects your interests as well as the interests of the auction house. Tips for Buying a Foreclosed Property: Start by searching for available pre-foreclosure properties in your area. The bidding reached 409,000. Auction House Essex & Kent Past Auctions Results for recent auctions in Essex & Kent Below is a list of the auctions held by Auction House Essex & Kent in the last 12 months across Essex & Kent. This is the lowest price that the seller is willing to accept for the sale of the property. Privacy Policy |, For further information about this property, please register. The biggest and most important difference is that buying at auction is legally binding, so you must do your homework about the property before the sale. 67 Costead Manor Road, Brentwood CM14 4XY, High Road, Horndon-On-The-Hill, Stanford-Le-Hope, 54 South Street, Rainham, Essex, RM13 8PJ, 160 Roding Road, Loughton, Essex, IG10 3BS, 6 Bata Avenue, East Tilbury, Tilbury, Essex, Clive Emson Land & Property Auctioneers - Maidstone, The Village, Little Hallingbury, Bishop's Stortford, Essex, CM22 7PX, Flat 4, 166 York Road, Southend-on-Sea, SS1 2DZ, Twofloor three bedroom end of terrace house, Unique opportunity to purchase a dual family or large family home which has only been on the market once before, Set in the most sought-after position in this historic village, Buyers Fees apply - see brochure for details. How much will it cost me to sell a property via auction? If you secure the right property, it may just be your new home or business location, too. You may be in a situation in which you need to sell your property quickly. Additionally, pre-foreclosures are often sold below market rate, making them great real estate deals. When we receive your confirmed instructions we will write to your legal representative requesting the necessary legal documentation in order to offer your property/land for sale by auction. Before you consider buying, try to attend at least a few auctions to get an idea of what the process involves. This is a great sign as it shows that your property is highly desirable. Whether you want to indulge in a five-star meal, enjoy some live entertainment, or plan a day trip for the family, North London has something for everyone. At this point. In this guide, we explore some of the common questions that potential sellers ask and document all you need to know about selling by auction. How much will the auctioneer charge? This frustration is avoided with the auction process. The nations leaders in online real estate foreclosure listings information delivery. Agents will tend to ensure that their clients are aware of lots on offer so that they can sell the refurbished and new buildings or manage the rented properties in the future. Unsold. All buyers are advised to inspect all available legal documentation prior to bidding and will be deemed to fully understand what they may be liable for if they are successful in purchasing. comprises several boroughs, including Hackney, Camden, Enfield, Islington, Westminster, and Barnet. There are several things to look out for when identifying repossession houses at an auction. Chain Free! Great down to earth team who listen and deliver. There is no definitive answer to this question. An Administration fee and Other non-optional fees may also be payable in addition to the bid price. The area is also home to a wealth of outstanding attractions and points of interest, including Regents Park, Alexandra Palace, London Zoo, Abbey Road Studios, and much more. And as mortgage companies and banks want to recover funds as quickly as they can, they often sell way below market price at local or national property auctions. Terms and Conditions apply. This is usually followed by an eviction order. Our Essex property auctions can help you secure the property of your dreams. Added on 17/03/2023 by Douglas Allen, Basildon 01268 439979 Local call rate 1/14 300,000 Guide Price * Bourne Avenue, Basildon, Essex, SS15 Terraced 2 1 A small fly in the ointment is that when you move in, some services, such as gas and electricity, may have been cut off. Get an alert! Also remember that 'Repossession' doesnt always mean 'bargain'. London Southend Airport and London Stansted Airport are both in the county too, meaning the opportunities for international travel are right on your doorstep! -. Youll effectivelyexchange contracts on the day of purchaseand the completion date can be in as little as 20 working days. It's essential to view other properties and research the area thoroughly, just as you would with any other new house. We have plenty of properties in North and East London waiting to be acquired by suitable buyers. . From the North and East, you can venture into Central London or surrounding areas via tube, train, or bus all of which run on their famously regular schedules. Auction Sale - 18/04/2023 A four bedroom chalet bungalow, benefitting from a good sized rear garden and garage, in need of some modernisation, well located for local amenities and . It is important to make sure that you have undertaken initial research, such as: Instructing your solicitor to check the propertys title deeds, investigate local searches and dig out any special conditions of sale. Auction House make the process simple and give our clients confidence and as an agent we get paid immediately. The typical auction buyer is looking for a variety of different lots. The net effect of the teams knowledge, proactive approach and regular communication has been the achievement of a strong sale price exceeding our expectations., Hillsboro, 377 Southchurch Road, Southend-on-Sea, SS1 2PQ, GHL House, 12-14 Albion Place, Maidstone, ME14 5DZ. 3. These include commercial and residential properties as well as plots of land, all located in vibrant and highly sought-after areas of the country. These may be; fixer-uppers, investments, unusual or unique opportunities and land of all descriptions. Auctioneer. Each Essex town and village is truly distinctive, so youll always find something to keep you busy. According to the Sunday Times, schools in Colchester, Southend-on-Sea, and Chelmsford are some of the best in the country! In this case,an auction is idealas exchange and completion MUST happen within a predetermined time frame. Unless stated otherwise, each Lot will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the Lot during the Auction). These include and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Chelmsford Auction Rooms offers all types of house, office, industrial and commercial clearances, Chelmsford Auction Rooms offers valuation services for all types of items for insurance, probate and selling, Chelmsford Auction Rooms runs regular auctions selling a wide range of products as well as a fine arts auction twice a year, Buying at auctions is not only a great way to purchase goods at market value but to also purchase those hard to find items, If you would like to talk to us call 01245 354 251 or 07768 344 132 or click the button to send us a message. Arrange an appraisal by contacting the Clive Emson team on 0345 8500333, by email at auctions@cliveemson.co.uk, or by using the contact form here. Have you ever sold your property, had an offer accepted on your dream home and progressed all the way to exchange of contracts before the sale falls through? Essex, RM17 5YR *Please refer to auctioneer for more information. Due to the fact that lenders will be looking to sell a property quickly in order to recover losses, the best place for them to sell is at a property auction. The property benefits from a small rear decked area. If you need to sell fast call Auction House F. Palmer, Auction House Essex have offered us a personal and extremely professional overall service at a very competitive commission level.We instructed them to sell a commercial property which had previously been marketed via another agent for both private treaty and auction sale without generating any genuine interest. An auction property may have fire damage or be in need of complete renovation, which may seemingly make the property difficult to sell. Viewing the property yourself before placing a bid to make sure there are no defects. Once youve established the expected fees, its completely natural to compare the fees of an auction house and an estate agent to see which method of sale suits you. This means that buyers are ready to go with fundsand finances already in place. Farms and small holdings, woodland, grazing and leisure land (inc. ponds, rivers and fishing lakes). The process of selling your property by auction in the UK is actually a straightforward one once you know the ins and outs. In fact, selling at auction is typically a much faster process. Regardless of the state of the property fire-damaged or pristine, in need of renovation or conversion theres bound to be a buyer to match. Buyers Fees apply - see brochure for details. These properties aren't usually listed for sale, which means there's less competition from other buyers. Copyright 2023 All Rights Reserved | UK Auction List | Munek Limited #6759237 | VAT 313 1363 49 | Get in touch here. 2 bed property for sale Flag Hill, Great Bentley, Colchester CO7. Your expertise in this field made me feel at ease and that I was in safe hands, therefore any advice you had given was greatly valued. Property repossessions should be given a positive perspective as a source of unbeatable bargains for potential property investors and buyers, as well as those already in the business. Legal documents: As we previously mentioned, youll need to provide any legal documents related to the property, such as any lease agreements, planning permissions, or details of any home improvements completed. There are numerous reasons for buying at property repossession auctions.
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