Hi,
I learnt a valuable lesson today. I attended two auctions, burnt out properties. The first one at ten o'clock had a good turn out and much interest. It sold at $170k, bit rich for me. Sounded like the purchaser was going to fix it up, but it did have a fair bit of damage.
I headed off for the next auction. When I arrived there was a few people and four had registered. I decided this was an opportunity not to be missed and went up to register. Unfortunately my good wife who is with me at every auction was off taking my daughter to an interview in the city. You guessed it she had the cheque book.
The auctioneer wouldn't accept the keys to the car and without a deposit I was sunk. The house ended up selling for $132k.
Here's some advice learnt the hard way. If your ready to buy, and are even only slightly interested in a property be prepared to bid if the price is right.
I learnt a valuable lesson today. I attended two auctions, burnt out properties. The first one at ten o'clock had a good turn out and much interest. It sold at $170k, bit rich for me. Sounded like the purchaser was going to fix it up, but it did have a fair bit of damage.
I headed off for the next auction. When I arrived there was a few people and four had registered. I decided this was an opportunity not to be missed and went up to register. Unfortunately my good wife who is with me at every auction was off taking my daughter to an interview in the city. You guessed it she had the cheque book.
The auctioneer wouldn't accept the keys to the car and without a deposit I was sunk. The house ended up selling for $132k.
Here's some advice learnt the hard way. If your ready to buy, and are even only slightly interested in a property be prepared to bid if the price is right.
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