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Mortgagee Auctions and Sales and properties to rennovate

Discussion in 'Real Estate' started by bambi, 25th Jul, 2008.

  1. bambi

    bambi New Member

    Joined:
    25th Jul, 2008
    Posts:
    1
    Location:
    Brisbane
    Hi everyone

    I'm ready to buy my next investment and want to try something a bit different from my normal buying and renting thing.

    I'm looking to buy a property to rennovate and it has been suggested that I look at mortgagee auctions. However, I can't find any!!! I have searched and searched on google and come up with nothing but information about them.....not any actual auctions. So how do I find them? Any advice?

    How else do I go about finding a rennovator? It seems they are sold before they even hit the internet......so how do I get myself into the inner circle where I will be contacted as soon as something come onto the market?

    Would really appreciate some advice here.

    Thanks

    Bambi
     
  2. Billv

    Billv Getting there

    Joined:
    15th Jul, 2007
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    1,796
    Location:
    Sydney, NSW
  3. Darren75

    Darren75 Member

    Joined:
    1st Jun, 2009
    Posts:
    5
    Location:
    Sydney
    That site requires payment to view all properties. Is there any other site which provides mortgagee properties for sale/auction?

     
  4. Billv

    Billv Getting there

    Joined:
    15th Jul, 2007
    Posts:
    1,796
    Location:
    Sydney, NSW
    yes, now it does require payment.

    Another way would be go to
    www.domain.com.au
    search for buy,
    search by map
    tick the region you want to search in

    In the new page there will be an option to search for a key word.

    You can type in the word mortgagee
    and then search
     
    Last edited by a moderator: 2nd Jun, 2009
  5. Darren75

    Darren75 Member

    Joined:
    1st Jun, 2009
    Posts:
    5
    Location:
    Sydney
    Thanks, will try that.

    Also found Oz Mortgagee on another forum via google which also looks promising.

     
  6. SydPropInvestor

    SydPropInvestor New Member

    Joined:
    30th Oct, 2011
    Posts:
    1
    Location:
    Sydney, NSW
    Select Property Invest

    If you're looking for mortgagee and deceased estate properties, you can also try out Select Property Invest.

    Aside from mortgagee and deceased estate properties, they also list other types of investments such as development sites and blocks of units.

    The trick with many of these websites is to find one where the data is kept up to date. No use spending time trawling through listings only to find out they have been sold.