2019
The auctioneer tells the assembled crowd that the property is going once, then going twice, and then the hammer falls for the final time, and hey presto—you've bought a home. The immediate results of purchasing a home at auction are in sharp contrast to the more traditional process of making an offer on a listed property, after which the vendors take time to mull over your offer before (ideally) accepting, after which you have time to undertake the necessary steps of finalising your financing.
