18/04/2026
Before the hammer falls — what every auction buyer should know.
Buying property at an auction can look like a great opportunity, but many buyers do not realise how different auction purchases are from ordinary property transactions.
Once the hammer falls, the deal is final and legally binding. In most cases the property is sold voetstoots (as is), meaning the buyer accepts the property with all its defects and risks.
Buyers should therefore check important issues beforehand, including the conditions of sale, possible municipal debts, the physical state of the property, and whether the property is occupied. Evicting occupants can sometimes require a court process under the PIE Act.
A little legal guidance before bidding can prevent costly mistakes later.
Read the full article here:
Think before you bid! Auction homes may look like a steal, but hidden debts, “as is” conditions, and eviction risks can cost more than the hammer hits.