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It was GE money or something like that. A non bank mortgagee sale. It was our first purchase and I thought all purchases came with paperwork like that. I didn't even check whether there are any easements, didn't even have a look at the certificate of title. So ignorant :eek: The only thing I...

We received pages and pages and pages and heaps of changes to general conditions that we couldn't understand at all. :eek: solid walls and roof the house had so we signed the contract. Settlement delayed for a month and our solicitor was unable to anything other than waiting. End of the day, it...

Paulie has given in depth details. Thanks Paulie. The advertisements usually won't mention that it is a mortgagee sale. The clue is "as is" sale. As is sales are good opportunities to buy well as they could be mortgagee sales, deceased estates, public trustee sales, divorce sales, distressed...

I reckon you can withdraw an offer any time before it is accepted. But probably you should ask the REA how you can withdraw the offer. A phone call is usually sufficient for normal sales, but not sure about mortgagee sales.

We have bought a couple of mortgagee sales. They may involve various parties. The bank, then the bank nominating a company to sell and then that company nominating a RE agency etc. So approvals do take time. Four weeks is a lot but not that lot as it is holiday season now. 5 days is too short to...