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Yes well done and well written! Exactly the point i am trying to make. I did feel ridiculed straight after the auction because they really hammered it home that I have just made a mistake. Do your dd and go with your gut feeling.

No problem, I need to work on my English and writing skills.:o

I actually haven't discussed this with my friends and don't intend to bring it up to them. My post was more about to trust your gut feeling but i understand that it does look like I'm gloating. Should have worded the post better to avoid the confusion.

Haha ok I'll gloat to myself today and it's straight back to work tomorrow. One day shouldn't hurt:p

Can't i gloat even a little bit seeing its so close to Christmas? :D

Mainly because they made the point very clear that I paid way too much and even reminded once I got the keys. Lesson is always trust your instincts.

These 3 people follow the market closely so they won't need me to tell them ;) They got that one wrong!:p

Very true. Lucky for them I'm not one to call up and say "told you so!" It's a good lesson to always trust your instincts.

Long story short.... Settled on a house December last year. Purchased at auction $582K. Three friends attended auction (didn't know they were going to be there) and upon winning the house all told me I paid $25k too much! I disagreed with them and told them I paid market price, perhaps even a...