01
Jun
2011
Research and bidding

Looking to buy an affordable repossessed property on auction? On www.myroof.co.za, many such properties are listed. However, make sure to be bid-orientated when bidding on auction, as the repossessed properties are going for a song.

The first thing you must have in place is an adequate deposit. This will be determined by the price of the property. When you have a deposit in place, do research on the different properties on auction to get an idea of what you really want. When you find that perfect property, the game is on.

Place an online bid on the property you want. Keep a thorough eye on the website to see whether you have been outbid by anyone or check your inbox for a mail stating that your offer has been improved. Remember, there are many people also browsing the MyRoof website for bargains. Also keep your limit in mind while bidding on an auction as it is possible to get carried away and bid more than you can afford.

When you are the highest bidder for the property, you have outbid everyone. You will be notified when your bid has been accepted. This means that the property you were longing for will become yours!

It is very easy and convenient to bid on properties on our online auction. Do you think it is convenient and easy to bid on properties online?

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