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| home auctions News+ XML/RSSBy Value Home Auctions | PR Team The most important thing to remember is that under the Auction system, when you buy a property, there is no cooling off period as there is when you buy 'for sale'. The Auction sale is legally binding on the day. By TheMoveChannel.com Auction houses are reporting huge rises in the number of residential properties being put up for auction – a symptom of continuing house price falls and a rise in the number of homes being repossessed… By Jon Moore I’ve got something embarrassing to own up to. Well, lots actually. But I’m not that stupid as to write it all down on here. I’ll own up to one though – I had never heard of Dutch auctions before this week… By Jon Moore When it came to shifting a beautiful old New Zealand mansion, a local agent held a ‘Dutch auction,’ in which prices start high and then drop in stages until a price is settled upon. By Jon Moore Buying a home at auction is nothing new, but how about super sizing that event? Welcome to the new world of mega auctions, which are designed to combat the ongoing credit crunch... By Jon Moore TheMoveChannel.com, the leading international property portal, announces a number of new auction properties in the UK. | ||||||||||||||||||||||