Property auctions in North West

A sheriff auction is a sale in execution ordered by the court, usually after a bond or levy default. The sheriff advertises the sale in the Government Gazette and sells to the highest bidder. A deposit (commonly 10%) and the sheriff’s commission are payable on the day; the balance is secured by guarantees within the period set in the conditions of sale.

You register with FICA documents and a refundable registration fee, bid live or online, and on the fall of the hammer pay a deposit plus buyer’s commission. Most sales are subject to a confirmation period during which the seller accepts or rejects the highest bid.

Auction houses usually hold scheduled viewings and publish an information pack. Sheriff properties generally cannot be viewed inside; buyers rely on the Gazette description and a drive-by.

Yes. Auction properties are sold as they stand, usually with no guarantees about condition, occupation or arrears. Budget for outstanding rates, levies and possible eviction costs.

Free accounts see auctions dated within the next 7 days. Paid packages from R195pm show every listing as soon as it is published.