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Thanks depreciator for your comments. Sorry, I forgot to mention that the vendor is a bank. It is a mortgage reposssession. I queried the statement and the agent responded "Most of the time Vendors can be reluctant to sell prior to Auction, particularly if the interest level is...

Just an update ... I emailed the agent to find out a bit more about buyer interest and whether any B&P has been done prior to auction (which is this weekend). His response was "People have been expressing interest in the property, but no one has formalised an offer in writing. No building &...

Thanks for your responses. I cannot justify spending $700-900 to do a B&P prior to auction since they don't really tell you anything unless it is a really old house then you would want to do a B&P ... My sister had a B&P on a 5 y.o. house they bought (private sale) and it failed to tell...

I've been searching old threads and cannot find what I'm looking for so I hope you can help. I have a house I am interested in. It goes to auction in two weeks. The price guide I have been given by the agent is $300-350 but the agent said he thinks it will sell for more. I'm not sure whether...