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hi

Im looking to buy repossession properties to renevate and then rent out until the house market picks up so i can sell for a profit, simple. I live in the Birmingham area.

Ive been talking to PURE ACQUISITIONS, and they claim that for the £230 fee, you get the services that CHOICES ACQUISITIONS are offering for £1500. They claim that if i like a property, for example on FIND A PROPERTY.COM, through them i can buy the property for no extra fee before it goes to auction. Also properties with up to 45% discount will be accessible to me, which they say CHIOCES include only in their £1500 service.

Can someone tell me if PURE are any good, and any experiences you might have had with them? Ive read all the stories about CHOICES, many of them bad, not many on here about PURE.

Has anyone any advice on where is a good source for BMV properties? im registering with all my local estate agents and all the online property sites. Are there any good auction sites i need to be registering with?

Any help will be much appreciated.

cheers

Andy

Hi Andy,

For Auction information, visit the site 

http://www.eigroup.co.uk/

Regards,

Khondkar

Andy

  I have paid £200 + VAT (£230 ) in total 10 days ago because they promised to deliver London BMV deals with 30-35% discount.

"Please find attached the details regarding our company and the services we can offer.  As discussed we deal with a large number of BMV properties in and around London with the majority of these being 30 to 35%  below market value.
I will call you later this afternoon to finalise the registration and forward suitable properties to you."

May be it is bit too early to make bad remarks but so far they have only sent me auction properties and 'five' 10-20% discounted BMV deals in Sussex, Essex etc . I am disappointed because I get plenty of better deals for free from other sources.

Hopefully they will prove me wrong and deliver what they promised soon.

 My advice to you is that you shouldn't pay any money upfront.

All the best

Good morning,

If there is an issue with the service you have received so far, please drop us a line at info@pureacquisitions.co.uk

 We dont get the chance to come on here too often so please, if there are things you are not pleased about, let us know.

 Best wishes,

 Julian

Andy

You say that "They claim that if i like a property, for example on FIND A PROPERTY.COM, through them i can buy the property for no extra fee before it goes to auction."

 Anyone is able to put an offer in before a property goes to auction, you can do this via the auction house but a few rules apply. Firstly, you cannot usually up your offer afterwards if someone else puts a higher pre auction bid in, (but you can subsequently bid on it if it still goes to auction) secondly you must bid above the asking price and thirdly you must be ready to complete immediately, in the same way that you would if you had bought it from the auction itself.

Another poster suggested eigroup. I had a free two day trial and they were polite and professional when they then rang me to ask if I wanted to subscribe for a year. I am not sure of the exact figure but it cost somewhere between £200-£300 and they have all the auction lots from around the country.

 It is a good service that I may use in the future but for now I have spent a few hours finding all the auction houses in my area on the internet and visit their sites directly, as I am unsure as to how useful auctions will be to me and I could recommend the same. If you then find you will use auctions often, you could consider subscribing as a Labour saving tool.

Matt