Viewing a property before a sheriff auction can be difficult since there’s no official process like with estate agents. This lack of accessibility often results in properties being sold at significant discounts. To make an informed decision, you’ll need to do thorough research and inquiries on your own.
Here are some ways to view a property:
- Visit the Location
- Go to the street where the property is located and observe it from the outside. You can also talk to neighbors or the current occupants to gather information or possibly get a look inside.
- Use Online Resources
- Utilize tools like Google Street View and satellite images to assess the property’s location and condition. Check deeds office information to verify the property’s size and boundaries.
- Compare Similar Properties
- If the property is part of a sectional title, look at similar units for sale on property websites to understand the size, layout, and amenities. Remember that properties at sheriff auctions are sold “as is” and may need significant repairs, so plan your budget for potential renovations.
- Extra Research for Non-Sectional Titles
- Standalone houses, entire buildings, or development land require additional research but can offer the biggest discounts. Investigate these types of properties thoroughly to uncover valuable opportunities.
In summary, while viewing a property before a sheriff auction can be challenging, conducting your own research, utilizing online resources, and visiting the property in person will help you make an informed decision about bidding.