What should I do when I arrive at the auction?

What should I do when I arrive at the auction?

When you arrive at the auction, I do suggest you get there prior to the auction starting, before any of the lots are offered, you need to make sure you get ahold of the adenda. This is a piece of paper, or several pieces of paper, with any last minute changes which relate to the individual lots being offered. Look to see whether the lot you're interested in is on there and make sure you understand the changes to the lot, which are mentioned on the adenda. These could be the details in the catalogue are incorrect, the lease details are incorrect or maybe the property is now vacant when it was going to be tenanted. It's absolutely essential you know what's on there relating to your property because it will form part of the auction contract, and just because you did not read it is not a reason for getting out of a contract if you bought a property.