Well, the answer is simple!
Every repossessed property must go to auction first! Only if the bank buys the property at the auction, does it become repossessed. You see, its only the left overs that are repossessed. The ones nobody wanted at the auction and that the bank is forced to buy. Banks then mark up the prices and sell them on to the public as repossessed properties.
Buying directly at the auction guarantees you get a better price!
Hundreds of bargain properties listed weekly.
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Our premium reports include crucial valuation information like the property’s last selling price and similar recent sales in the area. You also get satellite imagery, deeds office records and the useful contact details for the sheriff and the transferring attorneys.
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Tap into SheriffHQ’s extensive database and get accurate details on how much other properties in the area have previously sold for. Knowing the right price protects you from having to overpay.
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Take advantage of SheriffHQ’s powerful search engine to receive highly-detailed information such as property size and features, outstanding bond details details, and more. The more you know about the property you want, the better your chances of getting it at a huge bargain.
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Use satellite mapping technology to get a “bird’s eye view” of the properties you like. Know exactly how far the boundaries go by viewing Surveyor General Diagrams.
Want leverage to help you pick and choose the best homes from the bunch?
The government gazette entry includes information future homeowners and property investors will find incredibly useful. This includes the current property condition, number of parking bays, and all other details the attorney felt important to mention for you to know.
John, a property investor from Sandton made over R1.2 million in cold, hard profits after a house he bought at an auction for only R2.2 million was sold for a staggering R3.4 million just 3 months later
Gavin from Johannesburg saved over R400,000 after he bought prime position apartment at only R1.3 million. The property was valued at R1.7 million.
SheriffHQ has made the auction process so easy for me. When I started, I had no idea how it works. But the various tools and articles really showed me what I needed to know. Now I have property I never thought I could afford. - Michael, Fourways
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