Have you ever sold your property, had an offer accepted on your dream home and progressed all the way to exchange of contracts before the sale falls through? As a comparison, its reported that traditional agents sell only around50 per cent of the homesthe first time around. What are the details of the property location and is there any other relevant information? The agreement will stipulate whether the auction will take place online or at an auction house. Chelmsford Auction Rooms also specialise in clearances of houses and business premises. Repossessed residential properties will often need renovation work which means there is an opportunity for the buyer to make some money and also increase the value of their property. 450 New North Road, Ilford, Essex, IG6 3EB. The downside is these properties often need a refurb. Required for logging in and remembering these cookie preferences, Enhances your experience with features such as saving lots and listings views, Improves our service offering by allowing us to see how our site is used, Situated in the East of England, the ceremonial county of Essex is an innovative, eclectic, and truly unique place to live. In both areas, business is booming, and transport links are abundant. An auction property may have fire damage or be in need of complete renovation, which may seemingly make the property difficult to sell. Its low because although the lender has a duty to sell at the best price, time is money, and they will want to recoup their funds as quickly as possible. Below is a list of the auctions held by Auction House Essex & Kent in the last 12 months across Clive Emson lists our properties on our own website which generates tens of thousands of visits each month. Giving our clients professional and unbiased advice has been our priority since we were founded. The property is situated within a quiet sought after area. Full details. Terms & Conditions | Your auctioneer will invite all prospective buyers to view your property so be prepared to give your auctioneer access or the ability to conduct viewings. Single-Family PROPERTY TYPE Tax Lien View Details More Foreclosures in Livingston $3600/m Estimated Rental Value $987,966 EMV Beaufort Ave Livingston, NJ 07039 BEDS BATHS SQUARE FEET Single-Family PROPERTY TYPE Be the first to know when a house in your area goes into foreclosure. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold. There are many situations in which selling a property at auction is more suitable than the traditional route especially if you want to achieve the highest possible price in the quickest possible time! With enviable road and rail links to London and easy access to the M25, youll already be in a prime location to travel the country. These include and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. The advantage of using an auction house to help clear your house or premises is you get the added value of our expert valuers assessing your property and giving you the best possible return when you use the auction to dispose of your goods. Ah, London. A Two Bedroom Detached Bungalow Offered With Planning Permission for the Demolition of the Existing Building and Construction of Two Semi-Detached Houses (1 x Four Bed with Habitable Loft, 1 x Two A Vacant Three Bedroom Semi Detached House. We have over the last 30 years built solid relationships with local and national media owners from local newspapers to National radio brands. Online Auction 4th May, 11:00 AM Grid List Map Thursday 4th May 2023, 11:00 AM Online Online Auction Lot 1 THREE-BEDROOM TERRACE HOUSE FOR REFURBISHMENT Maidstone Area - Kent Area Guide Price 220,000 - 240,000 * + Fees Lot 2 SEMI-DETACHED HOUSE FOR RENOVATION Hastings - East Sussex Guide Price 250,000+ * + Fees Lot 3 Bank repossessed houses are resold in order to recoup losses. 131 Rayleigh Road, Leigh-On-Sea, Essex SS9 5XE Lot 15 Withdrawn 3 Bed Residential Development 20 & 21 Market Street, Harwich, Essex CO12 3DX Lot 16 Withdrawn 1 Bed End of Terrace House 20 Lower Rainham Road, Gillingham, Kent ME7 2YD Lot 17 Sold After 2 Bed Bungalow 73 Brooklands, Jaywick, Clacton-On-Sea, Essex CO15 2JG Lot 18 Sold Prior We expect the reserve will be set within the guide range or no more than 10% above a single figure guide. Completion then typically happens 20 business days after exchange. Essex County's foreclosure filings increased by 167% between 2022 and 2019. Houses, flats, bungalows and cottages for improvement, renovation restoration, refurbishment and/or repair (inc. fire damaged premises). Take time to do your research on the repossessed property of interest. Youll effectivelyexchange contracts on the day of purchaseand the completion date can be in as little as 20 working days. Established in Chelmsford in 1946, Chelmsford Auction Rooms is the only auction house based in Chelmsford, Essex. North and East London arent just loved for their attractions, either. 3 bedroom end of terrace house for sale218a Harwich Road, Essex, CO4 3DJ, 4 bedroom house for saleArdleigh Green Road, Hornchurch, 3 bedroom semi-detached house for sale67 Costead Manor Road, Brentwood CM14 4XY, 5 bedroom semi-detached house for saleHigh Road, Horndon-On-The-Hill, Stanford-Le-Hope, 2 bedroom flat for saleHarrisons Wharf, Purfleet, 2 bedroom ground floor flat for saleBroomhill Road, Woodford Green, Essex, 2 bedroom detached bungalow for sale54 South Street, Rainham, Essex, RM13 8PJ, 3 bedroom semi-detached house for sale160 Roding Road, Loughton, Essex, IG10 3BS, 4 bedroom detached house for saleWakerfield Close, Hornchurch, 3 bedroom semi-detached house for sale6 Bata Avenue, East Tilbury, Tilbury, Essex, 4 bedroom detached house for saleThe Village, Little Hallingbury, Bishop's Stortford, Essex, CM22 7PX, 1 bedroom flat for saleAlgers Road, Loughton, Essex, 1 bedroom flat for saleFlat 4, 166 York Road, Southend-on-Sea, SS1 2DZ, 1 bedroom flat for saleEden Green, South Ockendon, 1 bedroom apartment for saleLinnet Way, Purfleet On Thames, 2 bedroom terraced house for saleBedford Road, Grays, 2 bedroom park home for saleCummings Hall Lane, Noak Hill, Romford, 3 bedroom semi-detached house for saleStour Way, Upminster, 1 bedroom ground floor flat for saleCovert Road, Hainault, Ilford, Essex, 1 bedroom ground floor flat for saleBeauchamps Drive, Wickford, Essex. For sellers, you may never know how many people are interested in your property and for buyers you may not be privy to how many other buyers you are competing with. These catalogues offer photos and detailed descriptions in one easy-to-read format. 1968 Sq.Feet (182.83 Sq.Metres) Guide price 575,000. In order to recoup their investment as quickly as possible, lenders will often price the property below market value to encourage a sale. More information. The contribution towards auction expenses is paid upfront while any commission will be taken by deduction. They are not How Does Foreclosure Work in Real Estate? Were often asked whether the property will end up selling for significantly less than expected. Please be aware there may be additional fees payable on top of the final sale price. Contact the auctioneer. Its possible to pick up repossessed or distressed sale properties with up to 30% off the market price at residential auctions. Traditionally, a non-auction seller may be waiting for months to find a suitable buyer. I would like to thank you and your colleagues for the very professional service you provided in selling our business premises.It was our first experience of using an auction but it was superior to the service offered by the commercial agents who had offered the business for sale and had several abortive sales. 01622 279788. Don't miss out on this opportunity to get a great deal on a foreclosed property. However, we invite you to explore other types of properties available on our website, including short sales and pre-foreclosures. Auction House make the process simple and give our clients confidence and as an agent we get paid immediately. A good auctioneer will be in constant contact with a pool of buyers, but may also advertise on various property websites. This is the lowest price that the seller is willing to accept for the sale of the property. . You and your team were always very professional and courteous in all contacts with myself, the regular and prompt updates were very much appreciated . Land for sale. Having said that, if youve never bought or sold at auction, it may initially feel like a daunting prospect. We were the appointed auctioneers for the Sheriff of Essex for over 25 years until they removed the Regional Office Authority. If you choose to sell with Clive Emson, all fees will be agreed upon prior to instructions being confirmed so therell be no unexpected costsonce the sale goes through. Get an alert! Regardless of the state of the property fire-damaged or pristine, in need of renovation or conversion theres bound to be a buyer to match. As one of the UKs leading auction houses, with more than 20 years auction experience, and building on the expertise of the Savills network, we will make sure your property gets in front of the right people. Are you thinking of selling your property or land at auction in the UK? The details are displayed as they appear in the auctioneers catalogue, and include the address and full details of the property. We have approval from all the auction houses that we list in our database and therefore aim to provide accurate and detailed information on every property in our database. Auctions are competitive by nature and require quick, instinctive decisions and when there are more potential buyers for a property this may drive the price up. At this point, your property is officially sold. How will the property be marketed? Professional modern approach with the efficiency that all clients deserve. For more information on fees please go to cliveemson.co.uk/buyers-fees/. Let us know the details of your property and well let you know whether your property is suitable for auction and provide you with our recommendations for the guide price and reserve price. You are now subscribed to auction alerts from Chelmsford Auction Room. 020 3879 5993 Local call rate. So, whether youre looking for your first home, a development opportunity, office space, or something more, were confident our house auctions in Essex can help. Additionally, pre-foreclosures are often sold below market rate, making them great real estate deals. Unsold Auction Properties in South Wales If you're looking for an unsold auction property in South Wales or North Wales or wishing to sell yours, turn to The Property Auctioneers. The area is also home to a wealth of outstanding attractions and points of interest, including Regents Park, Alexandra Palace, London Zoo, Abbey Road Studios, and much more. In this case,an auction is idealas exchange and completion MUST happen within a predetermined time frame. However, not all properties will have this information in the catalogue. . So whether you have a flat, bungalow, house, development site, farm, garage, or freehold, auctioning might be the route for you. This could be due to market conditions, the type of property that youre selling or simply the timing of bringing the property to market. Keep an eye out for red debt collection letters addressed to the previous owners. With enviable road and rail links to London and easy access to the M25, youll already be in a prime location to travel the country. Unless stated otherwise, each Lot will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the Lot during the Auction). For example, weve sold everything fromformer primary schools in Tunbridge Wells,toWorld War 2 Bunkersin Devon. a great location, the possibility to improve and the potential for great rental yields), you just might achieve a higher price than you expected. Required for logging in and remembering these cookie preferences, Enhances your experience with features such as saving lots and listings views, Improves our service offering by allowing us to see how our site is used. In some cases it will say by order of the mortgagees, in other cases it may say by order of the receiver. To inspect the legal documents for this property go to our website to download the legal . If you need to sell fast call Auction House F. Palmer, Auction House Essex have offered us a personal and extremely professional overall service at a very competitive commission level.We instructed them to sell a commercial property which had previously been marketed via another agent for both private treaty and auction sale without generating any genuine interest. A pre-auction offer is as the name suggests an offer made by a potential buyer to purchase a property before it goes to auction. Essex boasts a staggering eighteen beaches, including Canvey Island and Holland-on-Sea, which make for the perfect scenic walk, or weekend getaway. Heres why so many are turning to auctions to sell their properties: If your property has the right mix of attributes (i.e. Over the last 70 years, we have been trusted to act in the valuation and sale of goods by Solicitors, Estate Agents, Insurance Companies, Certified Bailiffs, Liquidators, Executors and members of the general public. This frustration is avoided with the auction process. The agreement will describe any obligations or responsibilities that you must personally fulfill before the property can go to auction. At the end of the auction, the property will be sold only if the reserve price is met or exceeded. We help our clients with the buying and selling of residential and commercial properties by auction. Tenure: Freehold. A rear ground floor one bedroom flat offered with vacant possession. A link to the full auction catalogue (if available) and a link to the auctioneers website. What are your obligations as a seller? You're sure to find an unsold property of interest to you, with plenty of variety to choose from including residential properties, commercial lots such as shops, offices, pubs and more, mixed-use properties, garages and land too. Also remember that 'Repossession' doesnt always mean 'bargain'. Please be aware there may be additional fees payable on top of the final sale price. former primary schools in Tunbridge Wells, Tell us the details of your property here, increase minimum energy efficiency ratings, How to sell a property at auction in the UK - A Step by step guide. We use cookies to enhance your experience and improve our service. Thousands of property owners choose to sell with us because: So, if you are thinking of selling your property via auction or have any questions about the process, then please call us on 0345 8500333 or complete the online form below for a free independent appraisal. The auctioneer will continue to solicit higher bids until either the reserve price is met or the bidding stops. Youll be able to keep track of exactly how bidding progresses. Ready to find out how much your property could sell for at auction? Check your credit rating a few months after youve moved in, just to make sure your finances dont get incorrectly mixed up with the previous owners'. This is a great sign as it shows that your property is highly desirable. Take a look at our current lots to find out more. Freehold Former Public House 6000 Square Feet Planning Permission for House 6 Bedroom Unmodernised Vacant. These options present excellent opportunities for real estate investment. Our data will also include Essex county bank owned homes. . East London is just as vibrant. Situated in the East of England, the ceremonial county of Essex is an innovative, eclectic, and truly unique place to live. Our Essex county foreclosures, sheriff sales, short sales and pre- foreclosures, will also include the full contact information for all foreclosed properties including number of bedrooms and baths and price. All properties may be suitable, but some are more suitable than others. Auction House Essex is the leading auctioneer specialising in the sale of Essex and Kent properties. Chain Free! Strapline Auction Sale - 10/05/2023 A single lock up garage, located within a terrace of larger garages. 2023 Clive Emson Auctioneers. Legal documents: As we previously mentioned, youll need to provide any legal documents related to the property, such as any lease agreements, planning permissions, or details of any home improvements completed. This was an efficient, and cost effective way of moving on quickly. The sale of the property goes towards paying off the previous owners debts, and the lender is legally obliged to get the best possible price. If your property fails to sell at auction, dont worry all is not lost! There are no guarantees on the purchase and you must buy it as it is. Dear Alan I would like to thank you and all the staff at auction house Essex for excellent service I received from your company from the initial meeting through to the sale of my property I would have no hesitation in using your company services in the future many thanks. Auctioneer. Essex New Jersey Real Estate foreclosure statistics: Marketed by Allsop, Auction. What are the risks associated with selling your property at auction? Receive the latest auction news, dates and lots straight to your inbox, ValuationsHouse ClearancesOffice ClearancesIndustrial ClearancesCommercial Clearances, Auction House & House Clearances In Chelmsford, Site designed and built by 19 Degrees East. 3. Its a diverse urban jungle and home to the worlds most notable economic hub. This means that buyers are ready to go with fundsand finances already in place. , or find out more about land and property in the Essex & London areas. At worst, the previous owner could have stripped out all fixtures and fittings before leaving. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide. Branded as Londons hippiest area, its also home to some of the capitals most well-loved attractions, including Boxpark, Columbia Road Flower Market, St Katharine Docks, and the infamous Jack the Ripper Tour. It has the 94th largest per capita income of all 3,113 counties this is according to the Bureau of Economic Analysis. House for Auction Saffron Walden CB11 180,000 UNSOLD, CONTACT AUCTIONEER FOR RESERVE PRICE/AVAILABILITY STATUS . Somewhere along your chain, a buyer has had to pull out leaving you in the lurch. A solicitor can also help you understand the legal requirements of selling your property at auction, such as ensuring that all necessary documentation is in order and that your property is free from any legal encumbrances or other issues. We find that online property auctions offer a fast and easy way of buying and selling property regardless of your location without missing out on any of the excitement. Foreclosures 583, Pre-foreclosures 3,720, Short sales 235, Sheriff sales 446, 1998 - 2023 Foreclosure Listings Corporation - Get more detailed information about the properties going to auction by downloading our Auction Catalogues. We knew nothing of the auction process and had settled for instructing an estate agent and were in for the long haul of selling.However, our doubts went when your team took over. 20 & 21 Market Street, Harwich, Essex CO12 3DX, 168 & 168a Grange Road, Plaistow, London E13 0HB, 2 Whalebone Cottages, Waltham Road, Boreham, Chelmsford CM3 3BA, 91 Cornflower Drive, Chelmsford, Essex CM1 6XZ, Basement Flat, 87 Mortimer Street, Herne Bay, Kent CT6 5PR, 43 Oakmead Road, St. Osyth, Clacton-On-Sea, Essex CO16 8NW, Land on the corner of, Brooklands & Talbot Avenue, Jaywick, Clacton on Sea, Essex CO15 2JG, Land on west side of Ferry Road, Iwade, Kent ME9 8RR, Oyster Layings, River Roach, Barling Magna, Southend on Sea, Essex SS3 0LU, 64 Station Road, Crayford, Dartford, Kent DA1 3QG, 34 Cherry Tree Avenue, Dover, Kent CT16 2NL, Flat 4, Victoria House, 43 Victoria Street, Harwich, Essex CO12 3AR, 2 Talbot Avenue, Jaywick, Clacton-On-Sea, Essex CO15 2JQ, 6 Talbot Avenue, Jaywick, Clacton-On-Sea, Essex CO15 2JQ, 60 Clements Road, Ramsgate, Kent CT12 6UJ, Flat 3, 115 Edgwarebury Lane, Edgware, Hertfordshire HA8 8ND, 131 Rayleigh Road, Leigh-On-Sea, Essex SS9 5XE, 20 Lower Rainham Road, Gillingham, Kent ME7 2YD, 73 Brooklands, Jaywick, Clacton-On-Sea, Essex CO15 2JG, Randall Court, Randall Road, Chatham, Kent ME4 6JW, 96 Waterville Drive, Vange, Basildon, Essex, SS16 4TY, Flat 4, 5 King Street, Dover, Kent, CT16 1NW, 28 High Street, Shanklin, Isle of Wight, PO37 6JY, Plots 59 & 60, New Blackwater Estuary Estate Maldon Road, Bradwell-On-Sea, Essex, CM0 7HY. 26/04/2023. The guide and reserve prices are of paramount importance and must be set realistically in order to generate as much pre-auction interest as possible. Past Online Auctions by Auction House Essex & Kent Over the years we have developed a close working relationship with a large number of corporate and independent estate agents. If the repossessed property was previously owned by a buy-to-let landlord, it is possible that the property may be resold with a tenant in place. This means that the buyer and seller have entered into a legally binding contract to buy or sell the lot at the agreed sum. At an Essex property auction, you can secure yourself a beautiful home in one of the countrys most coveted areas. We were very pleased with the service, the whole thing was stress and hassle free and everything was made clear to us.The processes were all straightforward and everything was dealt with swiftly, unlike most estate agents!The team were a pleasure to deal with and I felt that they actually genuinely cared about selling our property for us.I would definitely recommend you to anyone looking to sell at auction.Ben & Carla, My parents died and left me a property, it was on the market with an estate agent for 1 year during which the chain failed twice, the sale was going through at 225,000. The other advantage for the sellers is that there are no refunds, so you cannot change your mind once the hammer is down. However, you may miss out on the potential for higher bids at the auction so think carefully. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements. Interested buyers in the auction will be invited to make post auction offers after the sale has finished. London Property Auctions A bustling city of over 9 million people, London is the unrivalled economic hub of the country. Streetview and Google Map location for each property. Unusual lots such as Martello towers, nuclear bunkers, car parking spaces, churches, chapels, theatres, barns, oast houses and even sea forts! Privacy Policy |, For further information about this property, please register. Due to the open nature of auctions, the process is very transparent, with a lower number of middlemen. The traditional process of selling your home in the UK can be quite covert and secretive. Each Essex town and village is truly distinctive, so youll always find something to keep you busy. Detailed descriptions for each property that you see in the free search area. For example, you may be relocating for work, downsizing or in need of access to funds to address other personal matters. Our service is second to none in the Southend-on-Sea, Basildon, Grays, Brentwood and Chelmsford . A reserve price in a property auction is the minimum pricethat you, the seller, are willing to accept for the property being auctioned. A link to the full auction catalogue (if available) and a link to the auctioneers website. There are also good road links to the M25, which can take you into greater London, or other areas of the country, making both spots an excellent choice for commuters. The process above is typical for the majority of our auctions, however, there is also a possibility for pre-auction offers. How much will it cost me to sell a property via auction? We hold seven commercial and eight residential auctions every year. No on the fall of the electronic gavel, the highest bidder above the reserve is contracted to buy. Commercial Property Essex CB10 250-300,000 Read more about Commercial Property Essex CB10 250-300,000; Development Opportunity Essex CB10 60-75,000 Yes, you can buy an unsold property after auction but you might need to act quickly. Viewing the property yourself before placing a bid to make sure there are no defects. There are plenty of properties and land for sale in Essex, just waiting to be auctioned to the right buyer. However, weve seen that there are buyers for every type of property regardless of the condition of the property. For the seller, it offers the possibility of a quick sale and the certainty of a sale price but youll need to assess each offer and make a judgement call as to whether to accept. North London comprises several boroughs, including Hackney, Camden, Enfield, Islington, Westminster, and Barnet. can help you secure the property of your dreams. For Sale by Online Auction. How much will the auctioneer charge? You will need to provide the auctioneer with a number of documents and information to be able to sell your property via auction in the UK. are helping more people than ever make Essex their new home. Farms and small holdings, woodland, grazing and leisure land (inc. ponds, rivers and fishing lakes). Here at Clive Emson Auctioneers, we have a vast range of properties available for auction in Essex and North & East London.