Buying at Auction with Tenants

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M
Mazza
7 Posts
1 Thanks
Hi All,

If anybody can provide any information on this then I would be very grateful?!

I'm thinking of purchasing my 1st property at auction and the Lot I'm interested in has tenants. These tenants have been given an AST on 1st Dec 2015. My question is why would the seller put tenants in 2 weeks before they are due to sell the property? Would you not get more people bidding on the property if people can view it beforehand? What is the advantage for the seller, selling with new tenants in? Is the place so bad they don't want people to view it?!

Any thought most welcome.
08/12/2015 09:56 - Report - Thank this member

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