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  1. #11
    Join Date
    Apr 2009
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    Quote Originally Posted by chocobo_ff View Post
    It is an auction (most in Auckland seem to be auctions), so can't do conditional offer as such, but I suspect DaveW and donna are correct that others will be put off by the presence of asbestos.

    Thanks for the contact hopetown, will look into it.
    Auctions can work in your favour too if you are in a position to bid. LOther do-upper type buyers or investors often wait till after the auction then they go in with their conditional offer.

    If the property works for you i would continue to perform the due diligence of costing the renovations, talk to a valuer as to what the property will be worth after renovations and arrive at your top bid amount to suit your medium to longer term goals.


 

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