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i purchased a development site off one of the larger commercial agents once that the bank had repossessed. there was a basic IM and that was about it, no real price guide, not much feedback etc. ended up getting it but it required extensive DD

fair enough, we all have our different quirks i guess. ive quite happily paid both full price and above in the past, in both cases they were still well worth it

what if the property is a screaming bargain and you have competition? you would still insist on offering below asking price? seems an odd approach/blanket rule