About
Our online course on buying properties at auction will provide essential skills for navigating the auction process. Here’s what you’ll learn: 1. Introduction to Property Auctions - Basics: Understand how auctions work, key terms, and auction types (online vs. in-person). - Benefits: Discover advantages like speed, transparency, and potential below-market prices. 2. Research and Preparation - Finding Opportunities**: Locate upcoming auctions and identify types of properties, like repossessed assets. - Due Diligence: Conduct thorough property research, including legal checks and surveys. - Valuation**: Learn to estimate property values and set a maximum bid. 3. Auction Process - Pre-Auction Prep**: Arrange finances, whether through pre-approved mortgages or cash. - Bidding Strategies**: Master effective bidding tactics and understand auction rules. 4. Financing Purchases - Options**: Explore ways to finance purchases, including cash and bridging loans. - Deposits**: Manage initial deposits and completion timelines. 5. Post-Auction Steps - Next Steps**: Learn legal procedures and payment processes after winning a bid. - Unsold Properties**: Strategies for negotiating with properties that didn’t sell. 6. Risks and Pitfalls - Mistakes to Avoid**: Identify risks like hidden costs and overbidding. - Mitigation**: Minimize risks through research and strict budgeting. 7. Maximizing Profit - Renovation**: Identify properties with potential for profit. - Exit Strategies**: Explore resale and rental options. 8. Case Studies - Insights: Analyse examples of successful and failed auction purchases. By course end, you’ll be prepared to confidently buy properties at auction and make profitable investments.
You can also join this program via the mobile app. Go to the app