Why Auction Properties?
Buying at Auction can be both exciting and beneficial as buyers can easily search for sought after items or properties having potential to get curated. These properties are usually available at a substantial discount from its real Market value. Only few numbers of buyers can get attracted through this unconventional route due to below mentioned reasons.
Transaction needs to be completed as early as 45 to 60 days which only allows cash buyers to play in this area.
Banks doesn't fund these assets because these are usually un-inhabitable properties meaning, for availing Mortgage facility properties must tick all the basic conditions, like:
- Kitchen must be in working condition,
- Properties need to have proper heating system,
- Proper window glazing
- Insulation in the walls
- Stairs need to have support to climb and property should be structurally stable, free from dampness, moulds that could damage the occupant's health
PVR Services provides a full-service of Real Estate Brokerage combined with Refurbishments of the properties to enhance the value helpful in maximizing profit from the Sale. With our Professional touch and special mix of Real Estate savvy, design experience, renovation expertise, we work to create homes functionally and professionally feel good. We offer a complete package to our investors/clients starting from company formation, Bank Set-up, property showcasing, buying, refurbishment to exit via multiple routes.