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  • Profile photo of hoarelhoarel
    Participant
    @hoarel
    Join Date: 2003
    Post Count: 39
    July 12, 2004 - 10:27 pm

    Hi all,

    I have become aware of a local council about to auction some land to recover unpaid rates. I was thinking of doing a title search and finding owner and doing a deal direct. Has anyone tried this before or think this is a good idea or should I wait for the auction?

    Thanks

    Luke…

    Profile photo of melbearmelbear
    Member
    @melbear
    Join Date: 2003
    Post Count: 2,429
    July 13, 2004 - 1:07 am

    Be aware that a lot of the owners stump up the money prior to auction and get to keep their house.

    If you have your eye on one particular place you might want to contact the owner direct, (note above point though). If you’re just looking for a ‘bargain’ I would probably wait until auction so you know what will be sold…

    Cheers
    Mel

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