There is no definitive answer but it’s certainly not for the faint hearted. In a funny way it reminds me of car auctions, you maybe lucky and get a bargain but equally you could finish up with a right old wreck and you’re forever spending money on it.
On a personnel level I have been to a lot of auctions and purchased properties, I have no regrets. It’s not however everybody’s cup of tea. One thing is for sure it’s a quick process not a long-drawn-out sale once the hammer comes down that’s it.
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