Search results

No it wasn't derailed in any shape or form. Vendor expectations were 10% above the market value. Both the auctioneer and the agent knew that they were not going to get the offer on what the price expectations were, hence the quick wrap up. I think they shot themselves in the foot in a way. If...

Seems you've been burnt before due to a lack of disclosure on your part. Auctioneers go on about how great a property is prior to the auction, well they might as well add what still needs to be disclosed.

Congrats Cliff. Funny you raise this. The auction we went to at Pendle Hill today, we weren't going to bid. After the auctioneer had gone through the terms and the house (general stuff they go thru), I asked the auctioneer "what are the implications of the proposed drainage easement and when...

Actually, had an opposite experience today. At the first auction we went to, only 1 bid of $650k and then vendor bid of 700k - clearly unrealistic and it was passed in. This was in Pendle Hill - 4br brick home. The issue was one of a proposed drainage easement. The auction was over in 5...