Pro and cons of buying properties through auction in Malaysia

Pro and cons of buying properties through auction in Malaysia

Advantages

The $$$$$$ ……..

You may get the property at a discounted price. This is probably the main factor that attracts most of the investor or bidders.

Disadvantages

You may not have access to the property for inspection before the auction.

If the property is occupied, you may have difficulty to evict the current occupant.

As we do not have chance to inspect the interior of the property, sometimes the repairs can be numerous. So, please bear in mind of this factor and take the repair cost into consideration when deciding the final bidding price.

Happy Bidding !!


This entry was posted in auction property and tagged . Bookmark the permalink.