You can visit auctions to buy a house in Gauteng if you are looking for a cheap property to purchase. Repossessed homes are a good option, and even if they are slightly rundown and you can get them for a good price, take it and renovate if you think it is worth it. If you specifically want to live in Pretoria or Johannesburg you can buy land out there and build your own home, but to make life slightly easier for you there are always auctions where bank repossessions are sold in these areas, so visit them and see what they have to offer you.
You can’t wait too long to buy the house you like, but you also shouldn’t rush into it when you visit auctions to buy a house in Gauteng, as the next auction might have an even better deal, but the choice is yours. You will know when the right house comes along. Looking for repossessed homes means that you are on the look out for a property that has been repossessed by the bank because the owner failed to pay his mortgage. Bank repossessions are best discovered by visiting your local bank and enquiring about auctions they are planning. Ask them for a list of all house auctions in Johannesburg and Pretoria so that you can make sure you are at the ones you can get to.
Even if you get a beautiful house for cheap and need to renovate it before you can sell it or move into it; that’s fine, it will take a bit of work but it is still worth it! You have to be quick once you know what house you want to bid on, because the minute someone bids higher than you and you can’t go higher than that, the house is theirs. Remember this when you visit auctions to buy a house in Gauteng, it is also important that you don’t bid for more than you can afford.