Public Administrator
Started by tandare
about 17 years ago
Posts: 459
Member since: Jun 2008
Discussion about
new thread on this topic. Property up for auction thru the Public Administrator -- is getting a mortgage for a property like this different from a 'normal' purchase? It is listed as "subject to tenancy" -- what exactly does this mean? Presumably it cannot be inspected before the auction -- how does that effect the mortgage process. What happens if a property does not get sold at auction? What about taxes?
bumping
Anyone?
I'm interested in a property up for auction by the Public Administrator in Qns. Does anyone have any experience in buying a property this way???