Hi Guys,
Scenario...went to an auction recently...house is in banks possession...3 people there, no bids, nothing.
its still sitting there as a private sale now.
i approached the agent for a copy of the sec 32 and it lists in there the motgage ammount against the property originally.
Is it ridiculous to offer whats listed as the mortgage ammount...considering its about 30% under the price they have now put it on the market for??
as its not an emotional vendeor, just a bank, has anyone done something similar to this before??
i dont know why i am hesitating really...i wasnt looking to purchase, and dont really care if its not accepted...but if i can get it for this price its just too good a value to not try and get it to work!!
any tips (or encouragement to get the balls to do it )would be appreciated,
Cheers,
Nathan
Scenario...went to an auction recently...house is in banks possession...3 people there, no bids, nothing.
its still sitting there as a private sale now.
i approached the agent for a copy of the sec 32 and it lists in there the motgage ammount against the property originally.
Is it ridiculous to offer whats listed as the mortgage ammount...considering its about 30% under the price they have now put it on the market for??
as its not an emotional vendeor, just a bank, has anyone done something similar to this before??
i dont know why i am hesitating really...i wasnt looking to purchase, and dont really care if its not accepted...but if i can get it for this price its just too good a value to not try and get it to work!!
any tips (or encouragement to get the balls to do it )would be appreciated,
Cheers,
Nathan