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More Auction Action For Property InvestorsEasier Access To Finance Increases The Number
Of Property Auction Purchases

There has been a sharp rise in the number of property investors snapping up property at auction and the reason has been credited to easier access to finance, as lenders report significant growth in lending, surpassing pre-property crash levels.

The number of properties sold at auction is booming as property investors seek to build rental property portfolios below market value (BMV), without breaking the bank.

There has been a huge increase in the number of loans that have been financed by specialist lenders over the past 12 months, with average loans increasing by more than 22% according to property finance lender, Auction Finance Limited.

The news comes as the latest Essential Information Group (EIG) figures show a seven year high for UK’s auction houses, with lots sold in October 2013 up by 30% compared to October 2012. These record figures have now surpassed pre-recession auction house transactions.

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Grab Your Copy Of The 2013 Emergency Cashflow Report

Grab Your Copy Of The 2013 Emergency Cashflow Report

Warning: Why buying property
could ruin you

More people than ever are discovering that property investing is an excellent way of making substantial returns on their savings.

Savings that would normally be eroded away in their bank accounts thanks to high inflation and low interest rates.

It’s no secret – ordinary people, with no specialist property investment education, are right now buying properties easily, with big discounts, renting them out, and making consistent monthly cashflow profits – without having to become ‘hands-on landlords’ or becoming overwhelmed in the process.

BUT with easy access to finance, a plentiful supply of heavily discounted properties, strong tenant demand and a massive rental market to play with, comes a warning

As with every investment boom and opportunity, it is your responsibility to make yourself aware of the facts, and not become sold on the hype and excitement of other people generating cash from property investment.

Get The Insider’s Secrets On Profitable Property Investing

If YOU are thinking of investing, or continuing to invest in property in 2013/2014, then it’s essential you read the latest Property Cashflow Report, written by 4-Time Bestselling Property Investment Authors Rob Moore & Mark Homer, the brains behind Progressive Property.

If you’re brand new to property and property investing, this report will give you the best step-by-step guide to generating a healthy second, or even replacement income…

Access the report here before Wednesday

Rob & Mark have bought over 350 properties since 2005, trained over 300 private VIP clients, and trained over 26,700 residential property investors.

In the last 8 years they’ve witnessed the expensive property investing mistakes, the lengthy tests, and they have documented action-steps which create reliable, cash-flowing buy to let property investments.

These two controversial, 30 year old property investors, who were recently featured by the BBC, are releasing their 6th annual Property Cashflow Report

Inside you’ll read the nuts-and-bolts details of how to buy and profit from residential property, explicit facts highlighting the mistakes and assumptions about property investing that you must avoid, mistakes that other investors have already fallen victim to…

PLUS: The full debrief of the biggest controversial warning ever to be shared outside of the property investment community.

Access the report here before Wednesday

Don’t expect any fluff or padded filler waffling about the joys of property investing, this report delivers the reality about what to do, HOW to do it, and what to avoid for the next 12 months, including:

  • The property investing buying process – every step explained in simple terms
  • How to ALWAYS have enough money to invest, age and credit no factor
  • Why buying at auction is one of the best kept secrets + how it works
  • How to make £2k per month without ever owning property
  • How to make letting, tenancy, and property management easy and stress-less
  • How to find big discount properties through estate agents – at zero cost!
    &…
  • The Top 20 Mistakes Investors Make When Dealing with Agents

Access the report here before Wednesday

PLUS: Case studies of career employees who have easily replaced their above-average incomes, on their own terms, by simply following the advice complied in this report.

Download your copy now, and avoid risking your finances RUINED by poor investment decisions or inexperienced guesswork.

Access the report here before Wednesday

2013 Emergency Cashflow Report

How To Create £100K Cashflow From Un-Mortgageable Properties Systematically With Little Or No Cash

How To Create £100K Cashflow From Un-Mortgageable Properties Systematically With Little Or No Cash

Click to register: Auction Bargains – How To Create £100K Cashflow From
Un-Mortgageable Properties Systematically With Little Or No Cash

 Tonight – 8PM – This Is Filling Up FAST!

Rob Moore from Progressive Property reveals some honest feedback below
Some of which might surprise you… 

But Rob also wants to tell you something important that affects you

A lot of ‘investment educators’ are running online trainings right now… seems to be the in thing 🙂

Progressive started running them back in 2009, and the property investment community loved them. For good reason… 

You see, when Rob and his business partner Mark spend 6 figures on their own personal property education and research (every year), because they know that the broader and deeper their own knowledge becomes, the better they can help YOU to succeed as an investor. At any level

Progressive go far and wide to bring you the latest strategies, and whenever they learn something new, they want to tell you about it immediately.

Because it might just give you the stepping stone you need right now. 

They put themselves to the test for you just last week, when Mark ran their big “Auction Bargains” training 

Over 1,800 investors registered, and the feedback (below) suggests Mark really delivered the goods! 

When you attend one of Progressive’s online training, you get a FULL detailed breakdown of everything you need to know about that subject, as well as the top-line strategy and mindset to make it WORK 

You pick up tips and information about all areas of property investment, at a level that every other property investment educator would charge you 4 figures + to teach

You get to listen in on Mark’s experiences of what actually happens the real world. Everything is tested. 

And you get to ask your specific questions LIVE, in an open ended Q&A

So why is Rob telling you this…? 

Below, Rob shares some of the great questions, comments and honest feedback from last week’s “Auctions Bargains” training. 

Progressive are hosting this important training one last time tonight (8pm start time

And there’s still time to register, here: 

Auction Bargains – How To Create £100K Cashflow From Un-Mortgageable Properties Systematically With Little Or No Cash

If you’ve never attended one of Progressive’s online trainings before, take 30 seconds to glance at what people are saying below 

It’ll give you an idea of how much in-depth knowledge they share in a little over an hour, and what YOU can learn, no charge, simply for joining them tonight… 

Questions asked LIVE by attendees: 

Doug “Are auctions simply better than normal buying methods?” 

Sheryl “if I wanted to sell at auction for profit what sort of fees do I need to consider?” 

Ranjit “1. What % is the Guide Price set from Market Value ?
2. Is the Reserve Price set at Market Value ?” 

Christine “Can the EPC only be seen by authorised people?” 

Lubna “There are many times when you talk to the auction house to find out about the property you want before an auction. Is it worth befriending the person/s in charge like the estate agents?” 

Lubna “Can you do a delayed completion at the auction house, if the vendor is willing?” 

Christopher ”how does bridging work and what % do they normally charge.” 

Christopher “how do you calculate the price by the sqft” 

Andrew “did mark say him and rob all ways use capital repayment mortgages now?” 

Dave “is there an easy way to find all the properties in my goldmine area that are being sold at auction …not matter which auction house is selling it?” 

Paul “Would you ever telephone bid or put a top offer in when you cannot attend the auction?” 

Ruta “Flat purchase £56k market value £70k. Is it worth risking putting it in the auction or better to sell on open market? No refurb required. Many thanks.” 

George “What is your advice on listed buildings?” 

Andy “how much experience buying property do you think is needed before buying at auctions in your opinions?” 

PF “Hi Dan/Mark – Re. Buyer incentives, can vendor gifted deposit still be offered (5% max) nowadays? Also, as you bought at auction, you can STILL rent to existing tenant? (SARB?)” 

Adrienne “By High end HMO do you mean these are all ensuite rooms?” 

Ingrid “Please could you cover the 7 ways to get finance?” 

Ike “VOA -Split for Council tax/services – what does this mean?” 

Buki “What does Mark think about buying outside your area to start with? London is quite highly priced. Also, do you have to own a property already before you can get a bridging loan? What if you are a newbie?” 

Jane “Re: Buy, refurb and sell/flip – does the six month rule still apply? Or can you sell pre six months if the situation allows?” 

Julie “how do you stop the flat screen TVs from walking?” 🙂 

Feedback after the online training closed:

 

Jay – “Great presentation” Mark “here since 7.45, Did not want to miss it! lol 4 pages of notes, excellent stuff guys! thanks to you Daniel and indeed Mark” 

Ranjit “Mark and Daniel… WOW! Thank You For This Evening, It’s A Webinar With Rich Killer Content, Information and Knowledge.” 

Christine “Good, see you at the auction house! thanks”

Lubna “Thank you. Been waiting for this from day one! Needless to say an absolutely fantastic webinar. First time I heard you, Daniel. Didn’t know you were such a good speaker!” 

Audrey “Very good. Looking forward to studying, and getting back into the auction room feeling more confident.” 

Sanjeev “Hi Daniel/Mark. This is my first time with Progressive. It’s been great so far.” 

Graeme “Thanks gents, My pen is smoking! Mark has such sensible advice” 

Susie “thank you guys brilliant webinar” 

Sean “great stuff, very informative!” 

Douglas “Invaluable, really interesting and lightening the fire”

Philip “great info, 5*” 

Carolina “It is great to hear what you would do with the property once you purchase it!”

Mina “Mark has given us very valuable information. Thank you so much Mark”

 

Put your trust in Progressive tonight, and we’ll ensure that you feel your time is well spent.

 Register here:

Auction Bargains – How To Create £100K Cashflow From Un-Mortgageable Properties Systematically With Little Or No Cash 

And remember, as part of this training, you’ll also receive a copy of our Progressive Ultimate Auction Success Guide

How To Create £100K Cashflow From Un-Mortgageable Properties Systematically With Little Or No Cash

How To Create £100K Cashflow From Un-Mortgageable Properties Systematically With Little Or No Cash

Register here to join Mark live tomorrow night and claim your copy:

Auction Bargains – How To Create £100K Cashflow From Un-Mortgageable Properties Systematically With Little Or No Cash 

Invest for freedom, choice, and profit 

Rob Moore
The Progressive Group
Over 350 Properties Bought since 2005
Four-Time Best Selling Property Author
GBP25 Million JV Partner

More Opportunity At Property Auctions

More Opportunity At Property Auctions

Property Auctions Not Getting Hammered!

There may be more opportunity for more people to buy property at auction after new figures released this week showed there was a little less activity by professional investors at the property auctions held across the UK in July.

The property auctions market didn’t take the expected hammering, with the number of properties offered as auction lots down by 6.3% compared with July 2011. The amount of properties sold at auction was also down on July 2011’s figure by 6.8%.

Data from the Essential Information Group, which monitors all property auctions in the UK, revealed that there were 188 property auctions across the UK during July 2012. At those property auctions:

  • 3,762 properties were offered for auction
  • 2,621 properties sold at auction

Property buyers who were seeking to purchase at the auction had a success rate of 69.7%.

With a fall in professional property investor activity there could be more opportunity for novice investors and even struggling home buyers to purchase property at auction, if only they knew how?

MyPropertyPowerTeam.co.uk provide an information page on property auctions, including what to look for and what to watch out for, visit the page by clicking here

David Sandeman, Managing Director EIG said “Challenging conditions were continuing to affect the entire property market”.

 Novice property investors may not have set foot inside a property auction room before and may be unsure of what to expect. With this in mind we are happy to provide a video clip from inside the auction room provided by our friends at NetworkAuctions

Properties across Greater Manchester including shops, offices, flats and a restaurant will come under the hammer in London on Thursday 24th May 2012.

The eight sites will be sold at a commercial property auction held by Jones Lang LaSalle.

They feature among a catalogue of 25 lots with a total guide price of £16 Million (GBP).

The properties include The Apple Building, Oldham Road, Manchester, which comprises 53 flats and has a guide price of £3.15 Million (GBP). The Lakeside Villas & Apartments, Blackley, comprises nine flats and 23 houses and has a guide price of £1.6 Million (GBP). Two shops at Stockport’s Merseyway development occupied by chain stores will be up for grabs with a guide price of £1.55 Million (GBP) along with a site on Great Underbank, Stockport, which is currently let to Lloyds estimated at £1.2 Million (GBP).

Salford office blocks Balmoral House and Sandringham House (£1.25m in total) and Windsor Court (£450,000) are among the lots. Lombard House, Cheadle, which is currently let to Countryside Estate Agents, and an Est Est Est leased restaurant on Manchester Road, Bury, have guide prices of £500,000 (GBP) and £475,000 (GBP) respectively.

For more information about the Manchesterproperty auction
Contact Charlotte Maynard Auctions Co-ordinator – Jones Lang Lasalle
+44 (0)20 7087 5497 or email: charlotte.maynard@eu.jll.com

The volume of scheduled foreclosure auctions reached a nine-month high last month, suggesting that in early 2012 more homes in USA will be seized by banks or offered as short sales, in which lenders agree to accept less than the balance of a mortgage.

Although highly unfortunate for the victims, the distressed nature of the foreclosure property market in the USA presents purchasers with a unique opportunity to buy bargain priced properties in USA.

James J. Saccacio, chief executive officer at RealtyTrac said: “The first quarter typically is a better buying season, so you’ll see more of this inventory try to come to market.

“I expect 2012 to look similar to 2011 in volume if nothing changes with government intervention or regulations.”

Fresh figures provided by RealtyTrac, which publishes the largest database of foreclosure, auction and bank-owned homes, shows that a total of 224,394 properties received notices of default, auction or repossession last month.

RealtyTrac estimate that the U.S. housing market must digest over 14m distressed homes before the foreclosure crisis will improve. This includes around 1.5m homes in the foreclosure process, 3.5m with delinquent mortgages and at least 10m “underwater” properties.

Nevada led the nation with the highest foreclosure rate for the 59th straight month even as foreclosure notices fell 43% year-on-year, according to RealtyTrac.

California had the second-highest foreclosure rate, with one in 211 homes receiving a filing in November.

 

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