Sentence examples for properties at auction from inspiring English sources

The ‐Department of Real Estate will offer a total of 156 properties at auction April 15 at the Roosevelt Hotel.

Some veteran bidders say properties at auction can go for more than a real estate agent had listed them for a couple of days earlier.

As the mineral properties became more valuable and after a general lease known as the 'Foster lease' was ended, the practice was initiated with approval of the Secretary of putting up the privilege of leasing particular mineral properties at auction.

Analysis by the Labour MP for Westminster North, Karen Buck, shows that Westminster, Brent, Camden, Hammersmith and Fulham, and Kensington and Chelsea sold 153 properties at auction through Savills estate agents – with more than half in Westminster where sales totalled £36.4m.

Shrewd investors can buy these properties at auction for far below market value, make a few improvements and then resell to make a fortune.

Lenders that are selling properties at auction will also have information about the properties available to interested buyers.

Colony, for example, recently sent 50 people to bid on foreclosed properties at auctions in eight counties in the Atlanta area to ensure that the homes were carefully assessed, recalls Justin Chang, acting chief executive of Colony American Homes, a division of Colony Capital.

Bidding on property at auction is already a potentially risky option.

Porter bought the Fonda property at auction, twenty years ago, with help from the local community.

Many landlords of shops in this poor area were fed up with paying business rates on empty units, so they dumped their property at auction.

Adrian Anderson, of mortgage broker Anderson Harris, says: "Buying property at auction is a serious business so it's important that you understand exactly what you are getting into beforehand.