Buying a bank auction house could be a way of worthy investment because most of the properties are up for sale at below-market prices. However, we might ask again why the financial institutions auction the house? Also, why priced lower than the market value?
When buying a sub-sale house, it is always a decent idea to grasp the history of the property you will buy. In general, it is better to buy a house that has a good history where the previous owner lives happily and prosperous. Assessed with some cautiousness to the houses with cases of inability or failure to pay their mortgage instalment or houses that get up for auction due to foreclosure or bankruptcy. Because if the previous house owner were having financial problems or health issues, we would concern about the house has a bad feng shui.
However, if you really like the auctioned house and is very affordable plus it perfectly fit in all other respects, then by all means buy it. But make sure before you move into, refresh the energy completely in that house by performing a thorough space clearing of the house. It is also a good idea to consult a master to examine the feng shui of the house. Also, check to see if there was a feng shui negative that you can spot on which caused the home to put up for auction. Besides, check whether it is only some minor issues you can fix. Examine all these before place your bank auction house bid.
Read our other blog article about How to Choose a Good Feng Shui House.