Over 100 participants attended the Property Auctions and Mortgagee Sales Education Seminar organized by Property Club Singapore at YMCA@One Orchard on July 5, 2014. Property Soul kicked off the seminar with updates on the development and future events of Property Club Singapore. This was followed by the much-anticipated presentations by our three speakers. Selling … [Read more...]
Youtube video: Property Auctions and Mortgagee Sales Seminar
Property Auctions and Mortgagee Sales Education Seminar
Everything You Want to Know About Property Auctions and Mortgagee Sales An education seminar by Property Club Singapore Synopsis Do you know why some seasoned investors like to buy and sell their properties at auctions? What are the differences of selling your property at an auction versus selling by a property agent? Which are the ideal types of properties to sell in an … [Read more...]
Repossessed properties, bank auctions and mortgagee sale
Many investors like to find "good deals" at property auctions. If you are keen, you can contact the auction department of Colliers, Knight Frank and Jones Lang LaSalle. Ask them to add your name to their auction distribution list. If you're eyeing any property in the list, you can call the person-in-charge to ask for more details before attending the auction. In case … [Read more...]
Story of my second property – a bank sale (part II)
I followed up with viewings of similar one-bedders in the same condo. A low-floor unit was selling at $390,000 while another high-floor unit was asking for $420,000. I called a few banks to ask for the valuation. Since it was a high floor unit, the value was around $450,000. The last transactions of similar units on high floor units were between $420,000 to $520,000. … [Read more...]