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Bids reach $277,000 on bed with free house
Last updated 10:58 04/07/2009
With less than nine hours to go the top bid on a queen sized bed with a free grand old home and guesthouse attached in Westport has reached $277,000.
A Westport couple are selling the six-bedroom historical home on TradeMe – under the beds category – with a reserve of $1.
Owners Wayne Saggers and Kathy Wahrlich said they were dead serious about selling their Derby Street home.
The house, known as the Stone House, has a QV of $300,000 and is listed with a real estate agency at $370,000. The couple put the house on Trade Me on June 25.
It was listed as a queen sized bed with a free grand old home and guesthouse attached.
The auction closes at 6.24pm today.
This morning 290 bids had been placed.
At the time of listing Mr Saggers said the house had already been on the market for six months.
"Everybody who's put offers on it never had any finance. And we just got sick of waiting and waiting, so we decided to take the plunge.
"We're just getting to the stage where we want to get out so we thought, well, we'll do it. You can either say big balls or stupid – or both."
The couple agreed it was a risk but said there was no turning back.
"If it [the price] stayed at $20 we would have to sell it at $20.
"I think we are pretty honourable people and we would have to do it.
"So we've taken a gamble."
The couple have a mortgage on the house but said if the auction did not pay it off family would help them cover it. The buyer of the property would be bound to a six-month rental agreement with a contracting company.
- NZPA
Last updated 10:58 04/07/2009
With less than nine hours to go the top bid on a queen sized bed with a free grand old home and guesthouse attached in Westport has reached $277,000.
A Westport couple are selling the six-bedroom historical home on TradeMe – under the beds category – with a reserve of $1.
Owners Wayne Saggers and Kathy Wahrlich said they were dead serious about selling their Derby Street home.
The house, known as the Stone House, has a QV of $300,000 and is listed with a real estate agency at $370,000. The couple put the house on Trade Me on June 25.
It was listed as a queen sized bed with a free grand old home and guesthouse attached.
The auction closes at 6.24pm today.
This morning 290 bids had been placed.
At the time of listing Mr Saggers said the house had already been on the market for six months.
"Everybody who's put offers on it never had any finance. And we just got sick of waiting and waiting, so we decided to take the plunge.
"We're just getting to the stage where we want to get out so we thought, well, we'll do it. You can either say big balls or stupid – or both."
The couple agreed it was a risk but said there was no turning back.
"If it [the price] stayed at $20 we would have to sell it at $20.
"I think we are pretty honourable people and we would have to do it.
"So we've taken a gamble."
The couple have a mortgage on the house but said if the auction did not pay it off family would help them cover it. The buyer of the property would be bound to a six-month rental agreement with a contracting company.
- NZPA
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