What is the difference between On Site, Off Site, and On line Only?

They are simply venue difference, scheduled for the convenience of both sellers and bidders. Please be aware that some properties selling on line may be simultaneously sold live on site or in a off site venue.

Can I inspect a property before the auction?

Yes,please call our office to arrange a viewing or visit the property detail page of the website for specific dates,time and directions.

Do you have more information available on the property?

No. All the information we are provided is available to interested parties. All relevant documentation forms part of the sales contract and your solicitor should contact vendors solicitor seeking same.

Do I get a good title?

This is a legal matter and independent legal advice should be sought by the purchaser.

Can I use bank financing?

Yes. However,there are no conditions(i.e financing,appraisal or inspection) to these sales,so you should be pre-qualified by a lender as to the amount you can afford to spend for a property being sold for cash "As Is - Where Is" and you risk loosing your deposit.

I'm a real estate agent. Can I earn a fee?

Please contact us directly with regard referral opportunities which we have available.

Can I buy a property after auction?

No.Practically all high bidders close on time,so opportunities to buy a property after an auction are very rare. A high bidder who defaults forfeits their down payment and is additionally liable for all costs and damages incurred to re-sell the property.

Will I know on site if my bid was accepted?

Yes,but it depends on the auction type.If it is a non reserve auction then you will know on the closing of the auction. However,if its a reserve auction your bid must be accepted by the vendor. This process may take anything from 24 to 72 hours from the time of auction.

What is "true value"

Traditionally speaking,three are many ways to determine property value. There is what the seller is asking. There is the value the agent places on comparable properties in the area. There is the appraiser's opinion of what a property is worth. At Denis A Barrett's , the true value of property is what a buyer will pay now,in an open and competitive auction environment. Auctions are the most transparent value determined method of buying or selling property.

What does it mean when properties are sold "Buyers Choice"?

If more than one property is being sold from a sale site the properties may be sold buyer's choice. This means the "#" of the property does not indicate the order in which it will be sold. Instead, when the auctioneer concludes the bidding,the high bidder (whoever bids the most) will choose which property they've bought. They may choose any of the properties in the group and they may also choose more than one. The purchase price bid is per a single property.For example, if the high bid is €50,000 and the high bidder chooses tow properties,they pay €100,000 total. Aft the high bidder makes their choice(s),the auctioneer will open and start bidding again. The process is repeated until all properties for that group have been sold. This is done to accommodate bidders who have second and third choices and/or are investors and want more than one property (rather than selling the properties in an arbitrary order,not selected by the buyers.)