Nthato Raboshaga – Property expert, wealth coach and CEO of Wealth Creation Network.

TheTakeOffInterview | Buying a house on auction: the dos and don’t’sThe popularity of auctions in South Africa has grown tremendously over the years, with the many people in search of bargains and deals in these tough economic times. Auctions are a public sale in which goods or properties are sold to the highest bidder.There are great opportunities for buyers at property auctions, but you need to understand the rules of the game. If you’re planning to buy a house at an auction there are a few things you should note.Buying a house on auction no longer means that you are only looking at distressed property sales. In fact, homeowners today are turning to auctions more often to sell their homes as quickly as possible for as high a price as possible.GUEST - Nthato Raboshaga – Property expert, wealth coach and CEO of Wealth Creation Network.Social media| Twitter: @n2a20_jay | Facebook: Nthato Jay-Aar Raboshaga