The following information about what is involved has been supplied by ‘Spanish Property Auctions.’ Auction house practice will differ. What does the auctioneer do? In most cases they will take clients to view homes, give them advice on legal matters, help them find mortgages and point them in the right direction when they need it. Who benefits from a property auction? It tends to be people who have tried the traditional estate agent route and it hasn’t worked. They’re probably keen to sell-up as quickly as possible. For the buyer the advantage is the number of bargain properties on sale. What are the safeguards? You can arrange to inspect the documents for a possible purchase prior to … [Read more...] about Spanish property auctions