Hello again
I did a search but couldn't find anything relevant...
We are v. v. interested in a property which was passed in at auction and is now selling by PT. (Unfortunately we weren't at the auction, believing it to sell way above our budget, so we don't know what the passed-in price was.)
The property is now advertised at $550k.
Is the negotiation process any different for a property which has been passed in already?
I would assume that the owners were more desperate to sell (since it's been passed in). How can we make the best of this situation?
Thanks in advance
I did a search but couldn't find anything relevant...
We are v. v. interested in a property which was passed in at auction and is now selling by PT. (Unfortunately we weren't at the auction, believing it to sell way above our budget, so we don't know what the passed-in price was.)
The property is now advertised at $550k.
Is the negotiation process any different for a property which has been passed in already?
I would assume that the owners were more desperate to sell (since it's been passed in). How can we make the best of this situation?
Thanks in advance