Anyone auction their house?
#1
Australia's Doorman
Thread Starter
Joined: Jan 2005
Location: The Shoalhaven, New South Wales, Australia
Posts: 11,056
Anyone auction their house?
Still doing up our place, but contemplating how to off-load it as quickly as possible. Wondered whether anyone had investigated and/or pursued auctioning their home and how it worked out.
#2
Re: Anyone auction their house?
Originally Posted by Hutch
Still doing up our place, but contemplating how to off-load it as quickly as possible. Wondered whether anyone had investigated and/or pursued auctioning their home and how it worked out.
We have been looking into it for a while now. It will cost us £350 to be entered into next auction but have been told that we will lose far too much money this way as we would need a low reserve to get people interested. The more time goes by, the more appealing it is becoming. The only problem is that I want to make sure that my student loan is paid off before I leave the UK. That will take a huge chunk of money and if you add that to the fact that we may lose quite a bit at auction, we won't actually have much money to start our new life with. We will see what the election brings and then make our decision about selling at auction or not.
Sarah
#3
Australia's Doorman
Thread Starter
Joined: Jan 2005
Location: The Shoalhaven, New South Wales, Australia
Posts: 11,056
Re: Anyone auction their house?
Ah yea, that's what I feared. Ah well ... back to the estate agents it is then