Real Estate Investor Magazine South Africa April 2014 | Page 34

FINANCE

BY TRACEE HARVARD

Under the hammer

The property auction industry has gone through a revamp

E

ntering the property market, one soon learns
that the sector is diverse, dynamic, exciting,
ever changing and fast-paced. But, with
everything there are opposites and the dark horse of the
industry is that of repossession of homes and auction
houses.
And while repossession of property is the last thing one
wants to think X