Abstracts » Real estate industry

Wintertime and the bidding is easy

Article Abstract:

People who buy properties at auction should realise that there are fundamental differences between this method and conventional house buying. Auctioneers will offer advice to bidders if they ask. Once the bid is accepted you are committed to the purchase and must complete within 28 days. Lawyers are on hand to prepare contracts and accept the mandatory 10% deposit. You must view the property and arrange a mortgage in advance of the auction. It is advisable to obtain a structural survey of the property and buyers should stick to their price limit.

Miscellaneous retail stores, not elsewhere classified, Art Dealers, Auctioneers, Art Dealers, Methods, Purchasing, Real property, Auctions

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Late starters set the pace

Article Abstract:

Leatherhead, England, became a center for offices following the development of the M25 highway in the 1980s. The location has over six office development schemes at different stages with two speculative developments likely to commence prior to the end of 1995. Nearby Epsom has a more developed market for offices, while the market in nearby Dorking is showing signs of recovery in 1995 after a stagnant period during the early 1990s.

Economic aspects, England

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