Alternative Investment: Should you Invest in Property on Auction

Welcome back…Recent financial results out of the South African banking sector shows that many consumers remain under significant financial pressure despite early signs of an economic recovery. With a number of distressed properties currently going up for auction, there may be opportunities for savvy property investors to get their hands on quality properties at great prices. However the auction industry has been plagued with a lot of negativity press and it is not a place for the inexperienced. We look at some ideas to consider before buying a property on auction. Joining ABN’s Samantha Loring to discuss this further is Tandisizwe Mahlutshana-Finweek Deputy Editor, Jessica Hubbard-Finweek Journalist, Kim Faclier- Managing Director Property – GoIndustry Dovebid S.A., Ariella Kuper Managin

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