Not sure if this is the right sub-forum but I guess it falls under legal...
Is it ethical for the listed agent of a property to bid on that property at auction on behalf of an over-the-phone buyer (over-the-phone buyer was not the vendor, as I know the vendor can technically bid up to the re...
13 results in 0.0033 seconds.
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Vendor's Agent Bidding at Auction?
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selling under private treaty + auction did not go ahead
Hi there
I recently rang an agent to see how much a house sold for - just doing some research.
He said he could not tell me for a few month because it was sold as a private treaty.
Has anyone come accross this and what does it mean or why would the seller/buyer do this?... -
Few questions on an upcoming auction
Hi,
I'm really interested in a property that is coming up for auction and just wanted some thoughts and feedback on the current extra conditions listed on the S&P agreement for auction. The House is a 1920 Villa in Mount Eden and I find the weather tightness clause odd, or is it simply... -
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Using someone to bid for you
Hi all,
I will be be going to auction next week to hopefully buy a home. I've been a bidder at perhaps 10-15 auctions ever, and lost every time. I'm quite confident I have enough money to get across the line with this one but I'm concerned that my nerves and emotions will give my true position... -
Clear Title Issue
Hi All,
I am considering bidding on a property at mortgagee auction however have found that there is this clause on the title: Subject to setion 27B state owned enterprises act 1986 (which provides for the resumption of land on the recommendation of the Waitangi Tribunal and which does not provide... -
House bought in auction has damaged chattels
Hi
We bought a house in Manukau, Auckland in an auction. The chattels include an HRV system, garden shed, heated towel rail and an alarm. The possession of the property is on 23rd of Jan 2015. When we went for pre inspection, the HRV was working only in the lounge area and the heated rail... -
Auctions - How to bid? And Vendor's bids?
Guys - I have never been keen on auctions and never actually bought a property in an auction but I've been to a few and noticed one thing I still don't quite understand - Vendor's bid or bid on Vendor's behalf. What is it good for?
Let's assume the bidding doesn't reach the reserve - as... -
First House in Auckland
Hi guys,
I am new to this thread and new to this property thing, have been in new zealand for around 3.5 years. we were planning to buy our first house(4 bedroom or more) in NZ, income is around 100K per year, we currently have a business(shop) here with separate 3 bedroom accommodation above...Last edited by jaideep31; 03-07-2013, 04:21 AM. -
Pre-Auction Safety Checks for the buyers.
Hi folks,
Its been almost 10 years since i bought my personal home and am only now starting on the property investment journey. Back then i had the time (buyers market) to do due diligence on the house before putting up an offer. Even then i could still place a conditional offer just to... -
Auctions are becoming ever more competitive
Highlights:
Australian auction clearance rates are at their highest in two years. With fewer properties on the market in parts of the country, buyers have been increasingly hunting for rarer options.
According to figures published in the Australian, auction clearance rates have... -
Auctions
ARTICLE SOURCE
One rippling effect of mall behemoth General Growth Properties' bankruptcy may be that it will help re-establish something that's been missing from much of the commercial property investment market for a while now: pricing.
Sellers have been sitting on the sidelines,... -
Buying at Auction
When the hammer falls
Author: Susan Wellings
Date: September 27, 2008
Publication: Sydney Morning Herald (subscribe)
Some see now as a great time to buy at auction. Follow these 12 golden rules.
Why do normal, sensible people who are confident...