House auction - advice sought
Jan 29th 2007, 10:30 am
#16
Account Closed
Joined: Mar 2006
Posts: 10,158
Re: House auction - advice sought
You don't know if you don't offer.
Absolutely offer, if it's the right property.
But don't get emotionally attached. It's only a house.
Jan 29th 2007, 11:07 am
#17
Joined: Dec 2003
Location: Hillarys, Perth
Posts: 3,973
Re: House auction - advice sought
We have found a house that ticks many of the boxes of what we are looking for.
We were hoping to avoid auction, but going to the open house there were lots of people there and the agent did say that a couple of offers had been turned down as the vendors wanted to go to auction.
I have a feeling that the house will go at auction, thus relutantly have to take part in the auction if we are to buy this house. This make me a bit nervous of what we should do in the mean time (qs to ask, which documents to see etc) and how to approach the auction. biggest fear is of paying too much (ie we know what is our personal max, but this could be over what it is actually worth)
At the open house there was a report recently done on the house - the house is less than 20yrs old, would you rely on that report or would you get you own done?
Auction virgin seeking advice
We were hoping to avoid auction, but going to the open house there were lots of people there and the agent did say that a couple of offers had been turned down as the vendors wanted to go to auction.
I have a feeling that the house will go at auction, thus relutantly have to take part in the auction if we are to buy this house. This make me a bit nervous of what we should do in the mean time (qs to ask, which documents to see etc) and how to approach the auction. biggest fear is of paying too much (ie we know what is our personal max, but this could be over what it is actually worth)
At the open house there was a report recently done on the house - the house is less than 20yrs old, would you rely on that report or would you get you own done?
Auction virgin seeking advice
