You can find Auction Alliance properties online. You can search for commercial or residential properties and look for something that suits you best. You can buy from them but you can also sell to them. As South Africa’s biggest auction company, they always have options for potential buyers to look through and they are normally always willing to purchase a property that will be worth their while. Why people like to purchase with this group is because they treat each customer as their individual partner and you will not find any other auctioneers in this field that are able to offer you the expertise and professionalism that Auction Alliance can. There are more than a few reasons as to why you should choose Auction Alliance properties if you are looking to buy; if you are looking to make a real investment, then this is the place you need to contact… Read More

Repossessed home on auction by South African banks offer investment opportunities for those who are looking to buy a house or for properties that they can renovate and then sell again. The four major banks in the country, Standard Bank; Absa; FNB; and Nedbank; all have a number of repossessions which they need to sell in order to get the money back. The reason that these properties are offered at such reasonable prices is due to the fact that the previous owners defaulted on their home loans and therefore the banks need to get their money back and want to get it back sooner rather than later. For those who are in the market to buy a house, then the repossessed homes on auction by South African banks should be the first place you should look. There are certain benefits to purchasing a property at one of these auctions. One… Read More

In order to find bank repossessed houses to buy in SA you need the perfect route. You can start your search on the Internet to see what auctions and repossessions are running. Alternatively, you could start your search by visiting banks. Repossessions are when banks claim these houses after clients fail to pay the bond and then resell the houses for what is still owed. Standard Bank, FNB, Nedbank and ABSA are banks that provide bonds and these are the banks that you should visit. If you live in the Cape Town, Gauteng or Durban regions and you hear of bank auctions, it is vital that you attend these events, because you will find bank repossesed houses to buy in SA will cost much less compared to going through the whole process of getting a loan approved. This also depends on how much the previous owners of the home paid… Read More

If you are looking for houses for sale with no estate agents involved, you have quite a few options to choose from. First of all, there are repossessed homes that are sold by the banks at auctions; these are often sold at rather cheap prices and are available to anyone who has the cash to purchase them. Purchasing properties is a risky task as you have to inspect them first to see if they are worth their asking price, but once this is done you will have a new property on your name that you can be proud of. There are many properties in the Western Cape if this is where you would like to buy a house; all you have to do is enquire at the bank about their auctions. When you are interested in houses for sale with no estate agents involved, it means you cut out the… Read More

Distress sales properties in South Africa are available all over, but they aren’t always made very public. These distressed homes could be bank repossessed houses, but they could also be because they are below market value and people aren’t really interested in them. If you are interested in places like these only in the Western Cape, then that is exactly what you should look for because there are ones available. You have to be specific about what you want though, as there are many different houses on the market. You might find something bigger than what you wanted for the same price; you never know what you may get when it comes to distressed sales. Many people run when they hear about distress sales properties in South Africa because it just sounds like something you don’t want to invest in. It sounds far from a good investment, but the truth… Read More

Visiting Cape Town banks house repo auction events will make many reasonably priced homes available to you for purchase. If you are checking the market for properties, know that by looking at repossessed houses will give you a whole lot more options for the price you are able to afford. All you have to do is contact Nedbank, ABSA, FNB or any Standard Bank branch and they will tell you everything you need to know about auctions and perhaps provide lists of where they are selling houses in the Western Cape or any other region in which you are interested in. When houses are repossessed the Cape Town banks house repo auction events sell them off to bidders for cheaper prices then they would normally go for if sold normally on the market through an agent or even privately from the owner. You don’t have to only use the bank… Read More

Purchasing repossessed flats and apartments is one of the best investments one can make. There are always auctions taking place in big cities like Cape Town and Gauteng, but also in some provinces, Natal being one of them. Repo properties are sold by banks, so if you are interested in purchasing a property that has been repossessed you should visit the Nedbank, FNB, ABSA or Standard Bank that is the closest to you and find out what you need to know about the auctions they have coming up. The reason why it is better to buy repossessed places rather than buying new ones is because the repo properties are sold for cheaper prices as the bank is just trying to make back their money. When a property is repossessed it means that the bank has taken it back because the owners were unable to pay their bond, so when you… Read More

Flats repossessed by the banks are some of the cheapest places on the market to buy. Visiting auction houses hosted by Nedbank, Standard Bank, ABSA or FNB means that you will be looking for a property to purchase by bidding on it. Such auctions take place all over the world, but in South Africa they are popular in Natal, Cape Town and Gauteng among many other cities. You can find out about these auctions by visiting your nearest bank, any one of the above mentioned branches will do – as long as they have upcoming auctions you don’t have to worry about which one of them to ask, ask them all if you can. There are many benefits to purchasing flats repossessed by the banks; besides the fact that they are cheap, you also get some really awesome places to choose from. There are hundreds of auction houses in Gauteng,… Read More

Buy bank repossessed flats in South Africa to save money on your investment, whilst being able to afford a home of your choosing. Auction houses are not necessarily sold because they are derelict or damaged. They are sold because the previous owner was unable to afford them any longer, or has become deceased. Banks like Standard Bank, ABSA, FNB, Nedbank and others have to recoup the outstanding amount on a bond, and thus need to sell the property as fast as possible. The easiest way to do this is to lower the price and advertise it to a large market. So have a look out in your local paper in Cape Town, Gauteng and Natal so that you can find the deal of your dreams. If you have been looking at auction houses for a while, but have not wanted to buy bank repossessed flats in South Africa, you might… Read More

Residential Standard Bank repossessed houses are an excellent investment because they are affordable and often in excellent condition. Repo auctions take place regularly, sometimes more than once a month, which allows you to browse a variety of homes in several suburbs before you make a decision on the property you would like to buy. Auctioneers are trained to bring out the best elements of a house, and make it sound as thought it is a great purchase. However, it is important to know what you want from a house, and not to accept anything less just because it is cheaper. It’s easy to find something you like in the selection of residential Standard Bank repossessed houses in South Africa. This is because property is available in most areas of SA, and at prices that are more affordable than usual. If you are looking to make your first investment in one… Read More